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

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