JFB Construction Holdings to combine with XTEND in $1.5B deal

JFB Construction Holdings has entered into a definitive agreement to combine with XTEND in an all-stock transaction valued at $1.5 billion, creating a Nasdaq-listed leader in AI-driven autonomous defense robotics. The combined company will be headquartered in Tampa, Florida.

“The business combination is further supported by strategic investments from Eric Trump, Unusual Machines, American Ventures, LLC, Protego Ventures, and Aliya Capital.”markets.financialcontent.com

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• markets.financialcontent.comAbout Us | Laser Focus World - JFB and XTEND Announce $1.5B Business Combination to Establish a Nasdaq-Listed US Leader in AI-Driven Autonomous Defense RoboticsJFB Construction HoldingsMay 14, 2019

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