🧾 What This Document Is

This is a Form 425 filing, which is basically a public disclosure of a company communication. JFB Construction Holdings is filing a press release they put out on March 3, 2026. Companies use this form to share major news with the SEC and the public, especially when it relates to a planned merger or acquisition. It's like posting a company update on the official government bulletin board.

🤝 The Deal: JFB + XTEND

This filing is a major update about a pending business deal. JFB Construction Holdings, a construction company, has agreed to combine with XTEND, a defense-tech company that makes AI-powered robots and drones. The deal, announced on February 17, is an all-stock transaction, meaning JFB is buying XTEND by paying with shares of its own stock instead of cash.

👉 Why it matters: After the merger closes, JFB will completely change its identity. The new combined company is expected to be renamed XTEND AI Robotics and will trade on a U.S. stock exchange under the new ticker symbol "XTND." JFB's construction business is effectively becoming a defense technology company.

🏢 What The Companies Do

JFB Construction Holdings (Nasdaq: JFB): In simple terms, this is a traditional construction company. They’ve worked as a general contractor on building projects across 36 U.S. states. Think of them as a home builder or commercial construction manager.

XTEND: This is a high-tech defense and robotics company. They build software and AI-powered systems to control robots and drones for use in dangerous places—like combat zones—where you don't want to send people. They were founded in Tel Aviv, Israel, and are now headquartered in Tampa, Florida. They already have over 10,000 systems deployed in more than 30 countries and operate in five combat zones.

🌍 The News: Global Mobilization

This specific press release isn't about the merger's financial details; it's about showing XTEND's operational strength. The announcement highlights that XTEND rapidly mobilized its global network of certified operators (called the XFAB network) to support allied defense missions. Operators were deployed from the U.S. and Latvia to the United Kingdom.

👉 Why it matters: This is a proof point for JFB's investors and the market. It shows that XTEND isn't just a concept—it's a global, operational platform that can respond quickly to real-world defense needs. It's like a demo of what the future merged company can do.

💰 The Deal's Backers

The business combination has attracted some notable strategic investors to provide additional support. The filing names:

• Eric Trump
• Unusual Machines
• American Ventures, LLC
• Protego Ventures
• Aliya Capital

🔮 What's Next & The Big Picture

The deal is not complete yet. This filing serves to keep the market updated while the merger process moves forward. The goal is to close the transaction, rename the company, and start trading as XTEND AI Robotics on a major U.S. exchange.

👍 Strengths & Signals:

• Strategic Pivot: JFB is making a dramatic leap from construction into a high-growth, cutting-edge industry (AI/robotics for defense).
• Proven Tech: XTEND brings a validated product, a global customer base, and operational experience.
• Global Infrastructure: XTEND already has manufacturing (XFAB facilities) in the U.S., U.K., Singapore, Israel, and Latvia.

⚠️ Key Risks:

• Execution Risk: Merging two very different businesses (construction and defense-tech) is extremely complex.
• Market Validation: The market will need to price the new company based on XTEND's tech potential, not JFB's construction history.
• Deal Closing: The combination is still pending and could face hurdles.

🧠 The Analogy

This is like a local hardware store (JFB) suddenly announcing it's merging with a cutting-edge drone delivery startup (XTEND) and will rebrand as "SkyAI Logistics." The store's old inventory becomes irrelevant; its value now lies entirely in the new, futuristic technology and its global operational capability.

📇 Key Contacts & People

• Aviv Shapira, Chief Executive Officer of XTEND
• Sarah Small, Headline Media, 929 255 1449, [email protected]
• Shannon Devine, XTEND Investor Relations at MZ North America, [email protected], 203-741-8811

🧩 Final Takeaway

JFB Construction Holdings is in the process of completely transforming itself from a builder into a defense-tech AI robotics company through its merger with XTEND. This release showcases XTEND's real-world global capabilities to bolster confidence in the deal before it closes and the company changes its name and stock ticker.