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JFB Construction Holdings entered into securities purchase agreements on February 13, 2026, to issue 802,000 shares of common stock at $12.50 per share in a private placement expected to close February 17, 2026, yielding $10.0 million gross and $9.2 million net proceeds. The company also announced a definitive all-stock merger with XTEND Reality Expansion Ltd. to form Xtend AI Robotics, Inc., with an implied $1.5 billion value.
Event Type
Disclosure
Mandatory
Variant
8-K
Entry into a Material Definitive Agreement. On February 13, 2026, JFB Construction Holdings (the “Company”) entered into securities purchase agreements (the “Se
. Based in part upon the representations of the Investors in the Securities Purchase Agreements, the offering and sale of the Placement Shares was made in relia
. Other Events. On February 17, 2026, the Company issued a press release announcing that it had entered into a definitive agreement with Xtend pursuant to which
Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 10.1 Form of Securities Purchase Agreement 99.1 Press Release, dated February 17, 2026 9
Material Agreement