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Recent press releases and 8-K filings for JFB.
JFB Construction Holdings grants equity awards to executives and employees
JFB
Executive Compensation
- JFB Construction Holdings issued an aggregate of 468,000 shares of common stock to certain officers, independent directors, and employees for services provided during the 2025 fiscal year, with the shares valued at $20.55 per share.
- Chairman and CEO Joseph F. Basile III received 300,000 shares and was also granted 1,000,000 stock options with an exercise price of $20.55 per share.
- These options for Joseph F. Basile III will vest in four equal tranches of 250,000 shares over 24 months, with immediate full vesting upon a change of control.
Jan 23, 2026, 9:15 PM
JFB Construction Announces Anticipated 2025 Revenues
JFB
Earnings
Guidance Update
New Projects/Investments
- JFB Construction Holdings anticipates full year 2025 revenues of $32 million, representing a 40% increase over full year 2024, and expects a 119% increase in Q4 2025 revenues compared to Q4 2024.
- This growth is driven by ongoing projects, including an $18.9 million contract for the first phase of a high school construction project in DeSoto County, Florida, with an estimated total value of $100 million.
- The company also completed a $44 million private placement and expects strong revenue performance to continue into Q1 2026.
Jan 6, 2026, 1:00 PM
JFB Construction Announces Anticipated Q4 2025 Revenue Increase
JFB
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- JFB Construction Holdings expects its Q4 2025 revenues to increase by 119% compared to Q4 2024 revenues.
- Key Q4 2025 highlights include the execution of an $18.9 million contract for the first phase of a high school construction project in DeSoto County, Florida, with a total value of $100 million upon final completion.
- The company also reported vertical construction on 79 townhouses in Port Salerno, Florida, ongoing construction of a Courtyard Marriott in Olive Branch, Mississippi (in which JFB holds a 25% ownership interest), and the completion of a $44 million private placement.
- These projects are anticipated to contribute to strong revenue performance moving into Q1 2026 and throughout 2026.
Dec 23, 2025, 1:00 PM
JFB Construction Holdings Secures $18.8 Million Contract for Florida High School Project
JFB
New Projects/Investments
Revenue Acceleration/Inflection
- JFB Construction Holdings has executed an $18.8 million contract as the general contractor for the first phase of a public high school in DeSoto County, Florida, which is part of a $100 million total project value.
- Construction for Phase 1 is scheduled to begin in mid-October 2025, with substantial completion expected by May 2026.
- The company anticipates an immediate positive impact on its Q4 2025 revenue from this project.
- JFB's over $34 million in working capital was a crucial factor in securing the contract, enhancing its bonding capacity for large projects.
Oct 17, 2025, 8:35 PM
JFB Construction Holdings Closes $44 Million Private Placement
JFB
Convertible Preferred Issuance
Equity Issuance
- JFB Construction Holdings closed a private investment in public equity (PIPE) financing on October 2, 2025, generating approximately $43,895,000 in gross proceeds.
- The financing involved the sale of 4,389,500 shares of Series C Convertible Preferred Stock and a total of 16,137,866 common stock warrants (Common Warrants A and Common Warrants B) to American Ventures LLC, Series XIV JFB.
- The company plans to use $12 million of the net proceeds to retire Class B Common Stock owned by its CEO, Joseph F. Basile III, with the remaining funds allocated for general corporate operating expenses.
Oct 2, 2025, 9:09 PM
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