JFB Construction Holdings Class A Common Stock Price & Performance (JFB)

JFB Construction Holdings has completed its initial public offering, raising $5.16 million. The offering included 1.25 million units priced at $4.125 each, with each unit consisting of one share and one warrant. The funds will support business expansion and other growth initiatives. The company’s stock now trades on the Nasdaq under "JFB."1

Lisa Ann Basile, a significant shareholder of JFB Construction Holdings, purchased nearly $800,000 worth of shares and warrants at $4.125 per unit. This acquisition, through her trust, highlights confidence in the company. The transaction occurred at a premium to the current trading price of $3.52.2

JFB Construction Holdings debuted on the Nasdaq with an IPO price of $4.125 per unit but opened trading lower at $3.61. The offering raised over $5 million before expenses. The company plans to use proceeds for growth, including equipment purchases and strategic investments.3