JFB And XTEND Announce $1.5 Billion Deal To Establish A Nasdaq-Listed AI-Driven Autonomous Defense Robotics
ReutersFeb 17, 2026 2:12 PM
Feb 17 (Reuters) - JFB Construction Holdings JFB.O:
JFB AND XTEND ANNOUNCE $1.5B BUSINESS COMBINATION TO ESTABLISH A NASDAQ-LISTED US LEADER IN AI-DRIVEN AUTONOMOUS DEFENSE ROBOTICS
JFB CONSTRUCTION HOLDINGS - FOLLOWING CLOSING OF DEAL, COMPANY TO BE RENAMED XTEND AI ROBOTICS AND BE LISTED ON NASDAQ UNDER TICKER "XTND."
JFB CONSTRUCTION HOLDINGS: STRATEGIC INVESTORS IN MERGER INCLUDE ERIC TRUMP, UNUSUAL MACHINES, AMERICAN VENTURES, LLC, PROTEGO VENTURES AMONG OTHERS
JFB CONSTRUCTION HOLDINGS: JFB SHAREHOLDERS WOULD OWN ABOUT 30.0% OF XTEND AI ROBOTICS' FULLY DILUTED SHARES ON A PRO FORMA BASIS
JFB CONSTRUCTION HOLDINGS - UPON DEAL CLOSE, CURRENT XTEND SHAREHOLDERS WOULD OWN ABOUT 70.0% OF XTEND AI ROBOTICS' FULLY DUILUTED SHARES
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