JFB Construction Holdings, XTEND merger set to close Sept. 3, shares to list on NYSE Sept. 4 under XTND

Reuters2026/08/31 23:17

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XTEND is set to combine with JFB Construction Holdings, with closing targeted for Sept. 3, 2026.
The combined company will be renamed XTEND AI Robotics, with shares expected to trade on the NYSE as XTND on Sept. 4.
JFB’s Class A common stock is expected to stop trading on Nasdaq after the market close on Sept. 3.
All-stock exchange: each JFB common share converts into 1 XTEND AI Robotics share; each XTEND ordinary share converts into about 1.36 shares.
If JFB closes below $4 on Sept. 3, ratios shift to 0.5 share per JFB share and about 0.68 per XTEND share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JFB Construction Holdings published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608311917PRIMZONEFULLFEED9819051) on August 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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JFB Construction Holdings, XTEND merger set to close Sept. 3, shares to list on NYSE Sept. 4 under XTND

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