---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-007359"
form_type: "8-K"
ticker: "JFB"
cik: "0002024306"
company_name: "JFB Construction Holdings"
filed_at: "2026-02-18T23:59:59+00:00"
generated_at: "2026-05-16T02:11:20.426959+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# JFB Construction Holdings enters merger with Xtend; JFB holders get 19.9% of Newco

## Summary
- JFB enters merger with Xtend Reality Expansion Ltd.; Xtend shareholders will own at least 70.5% of Newco, JFB holders ~19.9%.
- Private Placement closed: 802,000 shares at $12.50/share for ~$10M gross proceeds ($9.2M net) to fund Xtend SAFE Investment of $30.22M.
- Closing expected mid-2026; subject to regulatory approvals (HSR, CFIUS, Israeli FDI), Nasdaq listing, minimum cash condition of $110M.
- Termination fees: $15M payable by either party under certain conditions; if JFB fails minimum cash, Xtend SAFE reduced by $25M.
- Support agreements lock up Newco shares for 180 days post-closing from key JFB and Xtend shareholders.

## SEC filing metadata
- accession: 0001493152-26-007359
- form_type: 8-K
- ticker: JFB
- cik: 0002024306
- company_name: JFB Construction Holdings
- filed_at: 2026-02-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2024306/000149315226007359/0001493152-26-007359-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2024306/000149315226007359/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-007359
- JSON: https://secwatch.observer/filing/0001493152-26-007359.json
- Plain text: https://secwatch.observer/filing/0001493152-26-007359.txt

## Key facts
- Material Agreements
  JFB Construction Holdings entered into Agreement and Plan of Merger with XTEND Reality Expansion Ltd., Xtend AI Robotics, Inc., XT Merger Sub 2, Inc. (effective 2026-02-13).
  - Action: entry
  - Agreement: merger
  - Counterparty: XTEND Reality Expansion Ltd., Xtend AI Robotics, Inc., XT Merger Sub 2, Inc.
  - Effective: 2026-02-13
  source text: On February 13, 2026, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Xtend AI Robotics, Inc., a Delaware corporation (“Newco”), XT Merger Sub 2, Inc., a Nevada corporation and a direct, wholly-owned subsidiary of Newco (“Merger Sub 2”), and Xtend.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2024306/000149315226007359/0001493152-26-007359-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.