Acquiring Company
Xtend AI Robotics
Acquired Company
JFB Construction Holdings
Israel
FloridaSoftwareArtificial IntelligenceMachine LearningRoboticsReal EstateConstructionBuilding MaintenanceDescription
On September 4, 2026, Xtend AI Robotics completed a merger with JFB Construction Holdings at a valuation of $1.5 billion. Following the merger, Xtend's stock was listed on the NYSE under ticker XTND, and it saw a 25% increase on its first trading day. Xtend focuses on revolutionizing robotics with an emphasis on software for defense and security operations.
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M&A Insights
Based on deal dataFrequently asked
Who acquired JFB Construction Holdings?
JFB Construction Holdings was acquired by Xtend AI Robotics, based in Israel. The deal was reported on September 8, 2026. Founded in 2018, Xtend AI Robotics specializes in robotics and drones, particularly in defense and security applications. The company focuses on software and operating systems rather than physical robots. Xtend AI Robotics is privately held and operates in Software.
When did Xtend AI Robotics acquire JFB Construction Holdings?
Xtend AI Robotics's acquisition of JFB Construction Holdings was reported on September 8, 2026. On September 4, 2026, Xtend AI Robotics completed a merger with JFB Construction Holdings at a valuation of $1.5 billion. Following the merger, Xtend's stock was listed on the NYSE under ticker XTND, and it saw a 25% increase on its first trading day. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does JFB Construction Holdings do?
JFB Construction Holdings (JFB) offers generations of combined experience in residential and commercial construction and development. It is publicly traded (JFB), operating in Real Estate, and is based in Florida.
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