Reported Earnings • May 17
First quarter 2026 earnings released: US$0.25 loss per share (vs US$0.002 profit in 1Q 2025) First quarter 2026 results: US$0.25 loss per share (down from US$0.002 profit in 1Q 2025). Revenue: US$12.7m (up 115% from 1Q 2025). Net loss: US$3.26m (down US$3.29m from profit in 1Q 2025). New Risk • May 17
New major risk - Revenue and earnings growth Earnings have declined by 115% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 115% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$74.7m market cap). New Risk • Apr 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$89.8m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (24% average weekly change). Minor Risk Market cap is less than US$100m (US$89.8m market cap). 공시 • Feb 18
JFB Construction Holdings Announces Board Changes, Effective on February 13, 2026 JFB Construction Holdings announced that On February 13, 2026, Bjarne Borg resigned from his position as a member of the Board of Directors (the “Board”)and from all committees of the Board, effective On February 13, 2026. . Mr. Borg’s resignation was not because of any disagreement with management or the Board on any matter relating to the Company’s operations, policies or practices. On February 13, 2026, the Board, upon the recommendation of the Nominating and Corporate Governance Committee, appointed Stefan Passantino to serve as a member of the Board, effectiveOn February 13, 2026
. The Board also appointed Mr. Passantino to serve on the following committees of the Board: Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee. In addition, Mr. Passantino will serve as the Chairman of the Compensation Committee. The Board affirmatively determined that Mr. Passantino is an independent director within the meaning of the Nasdaq listing standards. The Board believes that Mr. Passantino’s scholarship and experience make him ideally qualified to help lead the Company towards continued growth and success. Family Relationships: Mr. Passantino does not have a family relationship with any of the current officers or directors of the Company. Related Party Transactions: There are no related party transactions with regard to Mr. Passantino reportable under Item 404(a) of Regulation S-K. 공시 • Feb 17
XTEND Reality Expansion Ltd entered into a definitive agreement to acquire JFB Construction Holdings (NasdaqCM:JFB) in a reverse merger transaction for $1.5 billion. XTEND Reality Expansion Ltd entered into a definitive agreement to acquire JFB Construction Holdings (NasdaqCM:JFB) in a reverse merger transaction for $1.5 billion on February 13, 2026. Under the terms of the merger agreement, XTEND shareholders and JFB shareholders will receive shares of a new holding company, XTEND AI Robotics. Upon the closing of the transaction, current XTEND shareholders would own approximately 70% and JFB shareholders would own approximately 30% of XTEND AI Robotics’ fully diluted shares on a pro forma basis. Following the closing of the business combination, the joint company is expected to be renamed XTEND AI Robotics with headquarters and a production facility in Tampa, Florida and be listed on Nasdaq under the ticker “XTND.”
The transaction is subject to obtaining all consents, permits, approvals, registrations and waivers necessary for the consummation of the purchase and sale of the Shares. The transaction has been unanimously approved by the board of directors of XTEND Reality Expansion Ltd and JFB Construction Holdings. The shareholders of JFB Construction Holdings has approved the transaction and is expected to close during the middle of 2026. If the Company or Xtend terminates the Merger Agreement because the Transactions have not closed prior to the End Date or after the board of directors of the Company has taken certain actions set forth in the Merger Agreement that, among other things, adversely affects its recommendation that the Company’s stockholders adopt the Merger Agreement, the Company will be required to pay to Xtend a termination fee of $15.0 million. If Xtend terminates the Merger Agreement prior to the End Date, subject to certain conditions, Xtend shall pay to the Company a fee of $15.0 million. The transaction is subject to the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, CFIUS Approval is obtained, FDI Approvals are obtained, the NSIA Condition is satisfied, obtaining other applicable regulatory approvals in Israel and abroad, the absence of any order or legal requirement that enjoins, restrains or otherwise prevents the consummation of the Transactions, the effectiveness of Newco’s registration statement on Form S-4 to be prepared and filed with the Securities and Exchange Commission, and the absence of any stop order or other proceeding that suspends or otherwise threatens such effectiveness, the registration, and the authorization for listing on the Nasdaq, of Newco Common Stock.
Stifel, Nicolaus & Company, Incorporated acted as exclusive financial advisor to XTEND Reality Expansion Ltd. Paul Hastings LLP acted as legal advisor to XTEND Reality Expansion Ltd. H-F & Co. acted as legal advisor to XTEND Reality Expansion Ltd. Banai Azriel Stern Law Office acted as legal advisor to XTEND Reality Expansion Ltd. Meitar Liquornik Geva Leshem Tal & Co acted as legal advisor to XTEND Reality Expansion Ltd. Ross Carmel of Sichenzia Ross Ference Carmel LLP acted as legal advisor to JFB Construction Holdings. Amit, Pollak, Matalon & Co. acted as legal advisor to JFB Construction Holdings. ClearTrust, LLC acted as transfer agent to JFB Construction Holdings. 
