NEWS
Paul Hastings Advising XTEND on $1.5 Billion Business Combination With JFB
February 17, 2026
Paul Hastings LLP is advising XTEND, a software-first defense technology company anchored by its AI XTEND Operating System, on a $1.5 billion definitive agreement to combine with JFB Construction Holdings (Nasdaq: JFB), a real estate development and construction company. The joint company is expected to be renamed XTEND AI Robotics and be listed on Nasdaq under the ticker XTND. The combination is expected to occur during the middle of 2026, subject to customary closing conditions.
Partners Gil Savir, Brandon Bortner and Steve Camahort and of counsel Ryan Brewer led the Paul Hastings team, which included partners Andrew Davis, Sally Evans, Sarah Gagan, Brad Ritter, Keith Schomig and Dan Stellenberg, of counsel Talya Hutchison and Jennifer D. Riddle, and associates Michelle Sidle, Nat Brown, Katie Katsuki, Shawn Kim, Erica Lee and Colin Wetmore.
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