JFB Construction Holdings and XTEND to Combine in $1.5B All-Stock Merger Creating XTEND AI Robotics
February 19, 2026
JFB Construction Holdings (Nasdaq: JFB) entered into a definitive, all-stock agreement to combine with XTEND, a software-first defense technology company anchored by its AI XTEND Operating System (XOS), in a transaction implying a $1.5 billion valuation. The combined company is expected to be renamed XTEND AI Robotics and listed on Nasdaq under the ticker “XTND,” with headquarters and production in Tampa, Florida.
- Buyers
- XTEND AI Robotics
- Targets
- XTEND Reality Expansion Ltd., JFB Construction Holdings
- Industry
- Cybersecurity
- Location
- Florida, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
AIxC (FF EAI Robotics Ecosystem Inc.) to acquire FF's EAI robotics business in an all-stock deal
September 29, 2026
AI & Machine Learning
Nasdaq-listed AIxCrypto Holdings Inc. (AIxC), controlled by Faraday Future Intelligent Electric Inc. (FFAI), signed a non-binding term sheet to acquire FFAI’s robotics business (the “FF EAI robotics business”) in an all-stock transaction valued at approximately $200 million. The acquired robotics business would be contributed into the entity to be acquired by AIxC, which would be renamed FF EAI Robotics Ecosystem Inc. and shift to a pure-play robotics ecosystem.
-
FORT Robotics to Go Public via Business Combination with Newbury Street II Acquisition Corp
August 18, 2026
Cybersecurity
FORT Robotics entered into a definitive business combination with Newbury Street II Acquisition Corp to become a publicly traded company, valuing the combined entity at an implied pro-forma enterprise value of $556.6 million. The deal is expected to close in Q4 2026 and is designed to accelerate product development across safety intelligence, observability, and cybersecurity, as well as expand go-to-market and targeted acquisitions.
-
St. Joseph Acquires Fastbase AI and Plans Rebrand to Fastbase AI Inc
August 15, 2026
Data & Analytics
St. Joseph Inc. acquired Fastbase AI Corporation as part of its expansion into artificial intelligence and data intelligence technologies. Following the acquisition, St. Joseph plans to apply to FINRA to change its corporate name to Fastbase AI Inc. and expects to use Fastbase as the central identity/operating platform of the combined organization.
-
SpaceX Acquires xAI
February 2, 2026
AI & Machine Learning
SpaceX has acquired xAI in a transaction reported to value the combined company at about $1.25 trillion. The deal is described as a vertical integration to combine SpaceX’s launch and satellite infrastructure with xAI’s AI model development capabilities, including ambitions for space-based data centers and orbital compute.
-
TekSynap Corporation Acquires JBA, Inc.
November 18, 2025
Cybersecurity
TekSynap Corporation has completed the acquisition of JBA, Inc., a veteran-owned technology engineering firm that provides cyber operations and specialized IT services supporting the Federal Bureau of Investigation. The deal expands TekSynap’s mission portfolio and footprint across FBI programs and federal mission locations, adding capabilities in cyber operations, systems engineering, network engineering, cloud and software development.
-
xAI Acquires X (formerly Twitter)
March 29, 2025
AI & Machine Learning
Elon Musk's AI company xAI has acquired X (formerly Twitter) in an all-stock transaction that values X at $33 billion and xAI at $80 billion. The deal combines xAI's models, data, compute and talent with X's distribution and data to accelerate integration of xAI's Grok chatbot and other AI capabilities into the social platform.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.