🟢 JFB Construction is trading 11.18% up today after XTEND confirms minimum-cash condition met

JFB Construction is trading 11.18% up at $5.27 after XTEND confirmed receipt of $60 million in cash, satisfying the minimum-cash condition for the business combination.

• The transaction is expected to close on September 3, 2026, JFB Construction’s final Nasdaq trading date.
• The combined company is expected to be renamed XTEND AI Robotics and begin NYSE trading under XTND on September 4, 2026.
• The merger catalyst is the clearest explanation for the advance, while broader markets are also strongly higher.