Note 12 – Subsequent Event

On February 17, 2026, the Company announced that it has entered into a definitive agreement to combine with XTEND, a software-first defense technology company anchored by its AI XTEND Operating System (XOS) in an all-stock transaction.

On February 18, 2026, the Company closed on a PIPE financing agreement with American Ventures, LLC, Series XIV JFB totaling $10,025,000. American Ventures, LLC Series XIV JFB, following negotiations with Dominari Securities and the Company, received 1,604,000 shares of JFB Class A Common Stock at a price of $6.25 per share.

Date of Management Review

The Company evaluates events and transactions occurring subsequent to the date of the financial statements for matters requiring recognition or disclosure in the financial statements. The accompanying financial statements consider events through March 31, 2026, the date that the financial statements were available to be issued.