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Lisa Ann Basile, a ten percent owner of JFB Construction Holdings (NASDAQ:JFB), recently acquired 96,970 shares of Class A Common Stock. The shares were purchased at a price of $4.125 each, totaling approximately $400,001. The purchase price represents a premium to the current trading price of $3.52, with the stock trading near its 52-week low. Additionally, Basile’s acquisition included 96,970 warrants to purchase Class A Common Stock, also acquired at $4.125 per unit, bringing the total transaction value to about $800,002. InvestingPro analysis shows JFB maintains strong financial health with a current ratio of 2.01 and holds more cash than debt on its balance sheet.
The shares and warrants were acquired indirectly through the Lisa Ann Basile Revocable Trust. Following these transactions, the trust holds 3,346,970 shares of Class A Common Stock. The purchases were made on March 7, 2025, and were disclosed in a recent SEC filing. Track insider transactions and access comprehensive financial analysis with InvestingPro, which offers 6 additional key insights about JFB’s financial position.
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