JFB Construction Closes $43.9 Million Private Placement

MT Newswires Live

10/03

JFB Construction (JFB) said late Thursday it has raised about $43.9 million from the sale of its securities, including Series C Convertible Preferred Stock and warrants.

The company said it has used $12 million of the net proceeds to retire its class B shares, with the remainder to be used for general corporate purposes.

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