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Impact Acquisition Announce Receipt of TSXV Conditional Approval and Filing of Filing Statement
(TheNewswire) Not for distribution to United States newswire services or for dissem...
About this update from Fort Technology Inc.
[{"type":"text","content":"Impact Acquisition Announce Receipt of TSXV Conditional Approval and Filing of Filing Statement\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n Not for distribution to United\nStates newswire services or for dissemination in the United\nStates\n \n\n\n\n June 20, 2025 –\n \n\n TheNewswire -\n \n\n Vancouver, British Columbia – Impact\nAcquisition Corp. (TSXV: IMPC\n \n\n\n\n .\n \n\n P)\n(“\n \n\n Impact\n \n\n ”, the “\n \n\n Company\n \n\n ” or the “\n \n\n Resulting Issuer\n \n\n ”)\nis pleased to announce that further to its press release on January 3,\n2025, February 6, 2025, March 13, 2025, and June 11, 2025, the TSX\nVenture Exchange (“\n \n\n TSXV\n \n\n ”) has conditionally\n \n\n approved\n \n\n its arm’s length share sale\ntransaction involving the sale of all of the securities of Fort\nProducts (as defined below) (the “\n \n\n Proposed Transaction\n \n\n ”) pursuant to a definitive agreement dated February 6,\n2025, between the Company, Jeffs’ Brands Ltd, a corporation\nincorporated under the laws of the State of Israel and listed on the\nNASDAQ under the trading symbol “JFBR” (“\n \n\n Jeffs Brands\n \n\n ” or\n“\n \n\n JFBR\n \n\n ”), and Jeffs Brands’ wholly owned subsidiary, Fort\nProducts Limited (“\n \n\n Fort\nProducts\n \n\n ”), which will constitute the\nQualifying Transaction (as such term is defined in Policy 2.4 —\nCapital Pool Companies of Corporate Finance Manual of the TSXV) of the\nCompany, and that it\n \n\n\n\n has filed a filing statement in respect of the Proposed\nTransaction dated effective June 19,\n \n\n 2025,\n \n\n on the Company’s SEDAR+ profile (the\n“\n \n\n Filing\nStatement\n \n\n ”).\n \n\n\n\n Assuming all conditions to the closing of the Proposed\nTransaction are satisfied, the parties anticipate closing the Proposed\nTransaction on or around July 7, 2025. In due course, the parties will\nissue a further press release announcing the closing of the Proposed\nTransaction and the date on which the common shares of the Company\nwill resume trading.\n \n\n\n\n\n\n In connection with the\nProposed Transaction, the Company will, among other things, change its\nname to “Fort Technology Inc.”...