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Eric Trump Backs $1.5B Xtend Deal as JFB Shares Drop 43%
Eric Trump is positioning himself alongside a drone manufacturer at a time when federal policy may tilt more favorably toward the sector. Other investors in the deal include Unusual Machines Inc., a separate drone company that added Donald Trump Jr. as an adviser. Shares of JFB, which had climbed more than 450% since late September through last week, fell 43% to $17 on Tuesday, reflecting a sharp reset in investor sentiment following the announcement. Feb 18, 2026 - $JFB
JFB and XTEND Announce $1.5B Business Combination to Establish a Nasdaq-Listed US Leader in AI-Driven Autonomous Defense Robotics
Strategic investors in the merger include Eric Trump, Unusual Machines (NYSE: UMAC), American Ventures, LLC, Protego Ventures, Aliya Capital and Agostinelli Group.Implied acquisition value of $1.5 billion, based on the price paid per share in concurrent private placement.Merger to create an autonomous defense and security systems company combining AI-driven robotic operating system with established US operating and infrastructure capabilities, strengthening the security of the United States and Feb 17, 2026 - $JFB
Eric Trump invests in Israeli drone maker XTEND's merger with Florida construction firm
Eric Trump, son of U.S. President Donald Trump, is investing in a $1.5 billion merger between Israeli drone maker XTEND and Florida-based JFB Construction Holdings in a deal aimed at taking XTEND public. Drone maker Unusual Machines, which tapped Eric's brother Donald Trump Jr. in November 2024 as an advisor, is also investing in the merger, JFB said in a release on Tuesday. Feb 17, 2026 - $JFB
Eric Trump Invests in ‘Low Cost Per Kill’ Drone Company
Eric Trump is pouring money into a sector that is a growing focus of the Pentagon his father oversees: drones. The president’s son is investing in the Israeli drone maker Xtend as part of a $1.5 billion deal to take the company public through a merger with a small Florida construction company. Battle-tested during Israeli operations in Gaza in recent years, Xtend markets some of its drones as “low cost per kill” munitions that align with U.S. defense directives to help wage modern warfare. Feb 17, 2026 - $JFB
Stocks to Watch Tuesday: Genuine Parts, Medtronic, Zim, UnitedHealth
↘️ Genuine Parts (GPC): The owner of NAPA auto-care centers swung to a quarterly loss and said it plans to separate its auto-parts business from its industrial-parts unit into two separate public companies. Feb 17, 2026 - $JFB
JFB Construction Holdings Announces Commencement of Construction on $1.5 million “Prison Island” Franchise in Indianapolis, Ind.
Anticipated completion in Q2 2026 for Indianapolis location Lantana, Fla., Feb. 05, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a real estate development and construction company focused on hospitality, commercial, industrial, and residential property development, today announced that it is commencing construction on Prison Island, an “escape room” type of adventure facility located in Indianapolis, Indiana. Prison Island is an indoor adventure destination with over 98 loca Feb 5, 2026 - $JFB
JFB Construction awarded contract of $11M for custom spec homes
JFB Construction (JFB) announced that it has been awarded a contract of approximately $11 million for the construction of eight individual custom spec homes in Jupiter, Florida. “The contract is for the custom build of eight spec homes of approximately 4,000 to 5,000 square feet for each home,” said Chief Executive Officer Joseph F. Basile, III. “This project is another important part of the high-end residential construction segment of JFB, where we focus on custom home builds primarily in the S Jan 28, 2026 - $JFB
JFB Construction Holdings Awarded Contract of Approximately $11 Million for the Construction of Eight Homes in Jupiter, Fla.
Construction of eight custom spec homes to commence in Q2 2026 Lantana, Fla., Jan. 27, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a real estate development and construction company focused on hospitality, commercial, industrial, and residential property development, today announced that it has been awarded a contract of approximately $11 million for the construction of eight individual custom spec homes in Jupiter, Florida. “The contract is for the custom build of eight sp Jan 27, 2026 - $JFB
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