JFB Construction Holdings (Nasdaq: JFB), a real estate development and construction company focused on hospitality, commercial, industrial, and residential properties, has successfully closed an approximately $44 million private placement priced at the market under Nasdaq rules.
The PIPE financing was made with American Ventures LLC, Series XIV JFB as the sole investor, resulting in gross proceeds of approximately $43.9 million.
Dominari Securities LLC acted as the exclusive placement agent for the financing. Lucosky Brookman LLP served as legal counsel to JFB Construction Holdings in connection with the transaction.
