JFB Construction Holdings Class A Common Stock

AI-powered defense robotics and software company XTEND is set to begin trading on the New York Stock Exchange under the ticker symbol XTND, following a business combination with JFB Construction Holdings. The combined company will be renamed XTEND AI Robotics, and CEO Aviv Shapira called the move the next chapter in the company's growth journey. The debut comes as investors parse the August jobs report, which showed the U.S. gained 56,000 jobs, with unemployment holding at 4.1%. Separately, AT&T celebrates its 125th anniversary as a NYSE-listed company, marking its debut on this date in 1901.

XTEND AI Robotics, Inc., the combined company formed by the merger of JFB Construction Holdings and XTEND Reality Expansion Ltd., will begin trading on the New York Stock Exchange under the ticker symbol "XTND" on September 4, 2026. JFB's Class A common stock ceased trading on the Nasdaq after the market close on September 3, 2026. At closing, JFB delivered approximately $67.7 million, surpassing its $60 million minimum cash requirement to fund working capital and scale the company's AI-powered robotics operations. Under the multi-step merger agreement initially executed in February 2026, both XTEND Reality Expansion Ltd. and JFB became direct, wholly-owned subsidiaries of XTEND AI Robotics, Inc.

XTEND has secured approximately $9.0 million in defense orders to expand autonomous multi-drone operations for a Middle East customer. The program funds mission-enabling technologies and operational enhancements that improve the effectiveness, resilience, and scalability of autonomous drone operations, allowing operators to supervise, coordinate, and execute more complex missions across larger robotic fleets. XTEND also received two new patent grants covering core UAV navigation and control technology: U.S. Patent No. 12,222,735 for continuously directing an unmanned vehicle to a user-marked destination independent of the surrounding environment, and Israeli Patent No. 285,095 as its Israeli counterpart. These grants build on U.S. Patent No. 12,461,522 secured earlier this month, which covers precise UAV maneuvering under communication latency. CEO Aviv Shapira stated that the program validates XTEND's XOS operating system architecture and that the patents protect technologies proven in combat, reinforcing the company's competitive position as it approaches its NYSE listing following a merger with JFB Construction Holdings.