Summary by Futu AI
Jeffs' Brands Ltd, a foreign private issuer, has reported to the United States Securities and Exchange Commission (SEC) that its board of directors adopted a corporate governance exemption on May 15, 2024. The exemption, as per Regulation 5D of the Israeli Companies Regulations, allows the company to forgo appointing external directors and adhering to specific audit and compensation committee composition requirements mandated by the Israeli Companies Law of 1999. This exemption is applicable to public companies with shares listed on stock exchanges outside of Israel. The report, filed under Form 6-K for the month of May 2024, is also incorporated by reference into the company's Registration Statements on Form S-8 and Form F3 with the SEC.