Medigus: Jeffs’ Brands Submitted Confidential Draft Registration Statement for Proposed U.S. Initial Public Offering
November 29 2021 - 9:00AM
Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in
advanced medical solutions, innovative internet technologies and
electric vehicle and charging solutions, announced that its 50.03%
owned subsidiary, Jeffs’ Brands Ltd., a data-driven e-commerce
company operating on the Amazon Marketplace, confidentially
submitted a draft registration statement on Form F-1 to the U.S.
Securities and Exchange Commission (the "SEC") relating to a
potential initial public offering of its ordinary shares in the
United States. The timing, number of ordinary shares to be offered
and the price range for the proposed offering have not yet been
determined.
This press release does not constitute an offer
to sell or the solicitation of an offer to buy any securities. Any
offers, solicitations or offers to buy, or any sales of securities
will be made in accordance with the registration requirements of
the Securities Act of 1933, as amended.
About Jeffs’ Brands
Ltd.Jeffs’ Brands Ltd. is transforming the world
of e-commerce by creating and acquiring products and turning them
into market leaders. We started this company after recognizing how
much-unrealized growth potential is out there. Through our stellar
team’s insight into the FBA Amazon business model, we’re using both
human capability and advanced technology to take products to the
next level.
About Medigus
Based in Israel, Medigus Ltd. (Nasdaq: MDGS) is
a technology company focused on innovative growth partnerships,
mainly in advanced medical solutions, digital commerce and electric
vehicle markets. Medigus' affiliations in the medical solutions
arena include ownership in Polyzion Ltd. and ownership in industry
4.0 company, ScoutCam Inc. The Company’s affiliates in digital
commerce include Gix Internet Ltd., Jeff's Brands Ltd. and Eventer
Technologies Ltd. In the electric vehicle market, Charging Robotics
Ltd. and Revoltz Ltd. are also part of the Company’s portfolio of
technology solution providers. To learn more about Medigus’
advanced technologies, please
visit http://www.medigus.com/.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995 and other
Federal securities laws. Words such as “expects,” “anticipates,”
“intends,” “plans,” “believes,” “seeks,” “estimates” and similar
expressions or variations of such words are intended to identify
forward-looking statements. For example, Medigus uses
forward-looking statements in this press release when it discusses
the potential initial public offering of Jeffs’ Brands. Because
such statements deal with future events and are based on Medigus’
current expectations, they are subject to various risks and
uncertainties, and actual results, performance or achievements of
Medigus could differ materially from those described in or implied
by the statements in this press release.
The forward-looking statements contained or
implied in this press release are subject to other risks and
uncertainties, including those discussed in any filings with the
SEC. Except as otherwise required by law, Medigus undertakes no
obligation to publicly release any revisions to these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated
events. References and links to websites have been provided as a
convenience, and the information contained on such websites is not
incorporated by reference into this press release. Medigus is not
responsible for the contents of third-party website
Company Contact: Tali DinarChief Financial
Officer+972-8-6466-880ir@medigus.com
Investor Relations Contact:Miri SegalCEOMS-IR
LLC+1-917-607-8654msegal@ms-ir.com
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