XCF Global appoints Camarco as capital markets communications adviser

HOUSTON - XCF Global, Inc. (NASDAQ:SAFX), a company focused on developing synthetic aviation fuel, announced Tuesday it has appointed Camarco as its capital market communications and investor targeting adviser following its recent Nasdaq listing. The company’s shares, currently trading at $1.68, have seen significant trading activity with an average daily volume of 8.4 million shares over the past three months, according to InvestingPro data.

Camarco, which was acquired by APCO in March 2023, will support XCF Global’s engagement with the investment community through an integrated communications program.

"We are pleased to welcome Camarco as our capital markets communications partner as we continue to build visibility and engagement with the global investment community," said Mihir Dange, Chief Executive Officer of XCF Global, in a press release statement.

Andrew Archer, Head of IR Advisory at Camarco, said the firm is "delighted to be working with XCF Global to support its journey as a public company."

XCF Global describes itself as a synthetic aviation fuel company working to develop and operate Synthetic Aviation Fuel (SAF) production facilities. The company states it aims to accelerate the aviation industry’s transition to net-zero emissions.

According to the announcement, XCF Global currently has approximately 149.3 million outstanding shares with less than 20% free float as of July 22. The stock has experienced significant price movement over the past year, trading between $1.42 and $45.90, with a year-to-date decline of 83.6%.

In other recent news, XCF Global, Inc. has announced a significant $1 billion investment to expand its Synthetic Aviation Fuel (SAF) production network across the United States and internationally. This expansion aims to increase production capacity to approximately 160 million gallons per year by 2028, complementing the existing New Rise Reno facility. The Reno facility has already produced over 2.5 million gallons of renewable fuels since its commercial operations began in February 2025. In addition, XCF Global sources domestic feedstocks for its renewable fuel production, supporting American farmers and advancing U.S. energy independence. The company processes distillers corn oil and crude degummed soybean oil to produce SAF and renewable diesel.

Furthermore, XCF Global has entered into amendments with Helena Global Investment Opportunities I Ltd and Randall Soule, waiving the return of certain shares for a cash payment of approximately $2.25 million. The company has already invested around $350 million in the New Rise Reno operation, which has created about 60 full-time jobs in the Reno-Tahoe area. These developments underscore XCF Global’s commitment to expanding its renewable fuel operations and supporting local economies.

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