JFB Construction Holdings and XTEND released additional investor materials related to their proposed $1.5 billion all-stock business combination.

JFB Construction Holdings (Nasdaq: JFB), a real estate development and construction company, and XTEND, a leader in software systems and artificial intelligence-powered robotics, today released a pre-recorded investor presentation featuring remarks from Aviv Shapira, Chief Executive Officer and Co-Founder of XTEND and Tal Horesh, Chief Financial Officer of XTEND. The additional materials are related to the previously announced all-stock business combination, through which XTEND is pursuing a U.S. public market listing by combining with JFB, a Nasdaq-listed company with established U.S. infrastructure and construction expertise. The materials have also been filed with the U.S. Securities and Exchange Commission (SEC).

Presentation Highlights

Transaction Overview: An all-stock business combination with an implied acquisition value of $1.5 billion, based on the price per share in the concurrent private placements. This transaction represents XTEND's path to a U.S. public market listing: XTEND is combining with JFB, a Nasdaq-listed company, to form a new publicly traded entity. With neither company "acquiring" the other, both sets of shareholders will hold equity in the combined company, XTEND AI Robotics, a Delaware company. In connection with the closing of the transaction, the combined company will be named XTEND AI Robotics and is expected to be listed on a U.S. national securities exchange under the ticker "XTND."

XTEND Technology Platform: An overview of XOS, XTEND's unified operating system and hardware-agnostic mission platform, enabling human machine teaming across multiple domains through task-based autonomy and AI Pilots.

Market Opportunity: XTEND addresses an estimated $67 billion total addressable market spanning defense, law enforcement, and private security. The company has deployed over 10,000 systems across more than 30 countries and works with leading defense and security organizations including the U.S. Department of War, UK Ministry of Defence, the Israel Defense Forces, the Singapore Army, and law enforcement customers across multiple countries.

Financial Metrics: Key metrics include an approximately $500 million pipeline, approximately $71 million backlog as of December 31, 2025.

Strategic Investors: The transaction is supported by $152 million in investment commitments, with $42 million agreed to fund at signing. Strategic investors include Eric Trump, Unusual Machines (NYSE: UMAC), American Ventures, LLC, Protego Ventures, Aliya Capital, and Agostinelli Group.

http://www.datamonitor.com
Republication or redistribution, including by framing or similar means,
is expressly prohibited without prior written consent. Datamonitor shall 
not be liable for errors or delays in the content, or for any actions 
taken in reliance thereon
COMTEX_478623259/2227/2026-05-06T05:16:34