Summary by Futu AI
Jeffs' Brands Ltd, an Israeli company, filed a Registration Statement on Form S-8 with the Securities and Exchange Commission (SEC) on June 25, 2024. The filing is for the purpose of registering 1,575,000 ordinary shares, no par value per share, issuable under the company's 2024 Share Incentive Plan. The plan is designed to incentivize service providers through the issuance of shares or options, and includes provisions for various types of awards such as Incentive Stock Options and Nonqualified Stock Options. The plan also outlines the terms and conditions for award grants, including eligibility, exercise price, vesting, and the impact of corporate events like mergers or acquisitions on the awards. The Registration Statement includes details on the tax implications for grantees and the company's indemnification policies for directors and officers. The document also contains undertakings by grantees regarding tax liabilities and the handling of confidential information.