XTEND AI Robotics completes JFB merger, to trade on NYSE as XTND

M&A · Partnership
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Summary · why it matters

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.

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