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2.13376196924955E-16 2.13376196924955E-16 2.13376196924955E-16 2.13376196924955E-16 2.13376196924955E-16 2.13376196924955E-16 2.13376196924955E-16 2.13376196924955E-16
Stock impact report

JFB Construction Announces Commencement of Phase 1 of 3 and Approval and Issuance of $18.9 Million Bond to act as General Contractor for Public High School in DeSoto County, Fla.

JFB Construction Holdings - Class A (JFB) 
Company Research Source: GlobeNewswire
Total contract valued at $100 million Lantana, Fla., Nov. 04, 2025 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a real estate development and construction company focused on hospitality, commercial, industrial, and residential property development, today announced that it has been approved for the issuance of an $18.9 million bond to act as general contractor for the first phase of construction of a public high school in DeSoto County, Fla. “Last month we announced that we executed an $18.9 million contract for the first of three phases of the construction and continuation of the existing campus of the high school of [a total of] approximately 100,000 square feet, over 40 acres, for an additional 1379 students,” said CEO Joseph F. Basile, III. The total value of the contract is $100 million. “I have signed a personal guarantee, demonstrating the confidence I have in JFB Construction and the financial ability of the company to complete this project on time and on b Show less Read more
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