- Jeffs’ Brands Ltd (NASDAQ:JFBR) has entered into a letter of intent (LOI) with SciSparc Ltd (NASDAQ:SPRC), a specialty pharmaceutical and food supplements company, to form a joint venture.
- Jeffs’ Brands will be responsible for the online marketing of the products developed by SciSparc as part of the JV.
- The venture will develop a new food supplements product line and aid in its online marketing.
- Each of the two companies in the joint venture will hold 50%. The transaction will be subject to the negotiation and preparation of definitive documentation.
- Price Action: JFBR shares are trading higher by 3.15% at $1.93 on the last check Tuesday.
Seacor Marine Hldgs Q2 EPS $1.79 Up From $(0.24) YoY
Seacor Marine Hldgs (NYSE:SMHI) reported quarterly earnings of $1.79 per share. This is a 845.83 percent increase over losses of $(0.24) per share from the same period last year.
