JFB Construction Holdings has entered into a securities purchase agreement with American Ventures LLC for a private investment in public equity financing, expecting to raise approximately $43,895,000. The company plans to use $12 million to retire Class B Common Stock owned by the CEO, with the rest for general operating expenses. The agreement includes the sale of 4,389,500 shares of Series C Convertible Preferred Stock, convertible into 8,068,933 shares of Common Stock, along with warrants at $5.44 per share. The Common Warrants A and B have exercise prices of $5.75 and $6.25 per share, respectively.

The Common Warrants A are exercisable immediately at $5.75 per share, while the Common Warrants B are exercisable immediately at $6.25 per share, both expiring three years from issuance. Dominari Securities LLC served as the exclusive placement agent for the PIPE financing. The securities offered have not been registered under the Securities Act of 1933 and may only be sold to accredited investors. The Company plans to file registration statements with the SEC for the resale of unregistered shares.

JFB Construction Holdings brings extensive experience in residential and commercial construction, having completed projects in 36 U.S. states. The company has built a reputation on trust and quality, with most projects coming from referrals and repeat customers. Forward-looking statements caution investors about potential risks and uncertainties, urging them to review SEC filings for more information. JFB Construction Holdings can be contacted at 561-582-9840 and investors at 516-222-2560 or [email protected].

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