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RENO, NV AND NEW YORK, NY - XCF Global, Inc. (Nasdaq:SAFX), a company specializing in the development of Synthetic Aviation Fuel (SAF) aimed at decarbonizing the aviation industry, announced that its Class A common stock commenced trading on the Nasdaq Capital Market today. The move follows the successful completion of XCF’s business combination with Focus Impact BH3 Acquisition Company, which took place on June 6, 2025. According to InvestingPro data, the stock has shown significant momentum, delivering strong returns over the past week and trading near its 52-week high.
The CEO of XCF, Mihir Dange, expressed the company’s commitment to addressing the urgent need for low-carbon aviation solutions. He stated that the public listing will expedite the advancement of their SAF platform and bolster production capabilities to satisfy the increasing demand for sustainable fuel in the aviation sector.
XCF Global, Inc. is at the forefront of creating and operating advanced SAF production facilities, with a strong emphasis on compliance, reliability, and quality. The company is actively forging partnerships to promote the widespread adoption of SAF worldwide.
Trading under the ticker symbol "SAFX," XCF’s debut on the public market is a strategic step towards funding its initiatives and expanding its presence in the sustainable aviation fuel industry.
The press release also included forward-looking statements regarding XCF’s anticipated financial performance and market share, which are inherently uncertain and subject to change. Potential investors are cautioned not to place undue reliance on these projections, as actual outcomes may vary due to numerous factors.
XCF’s listing on the Nasdaq is part of a broader movement in the aviation industry towards sustainability and reduced carbon emissions. As the company begins its journey as a publicly traded entity, it aims to play a significant role in the aviation industry’s transition to net-zero emissions.
The information in this article is based on a press release statement from XCF Global, Inc.
In other recent news, XCF Global Capital, Inc. has made significant strides in its financial and operational strategies. The company has entered into several promissory notes with entities such as GL SPV Part I LLC and Innovativ Media Group, Inc., among others. These financial agreements, which amount to millions, are contingent upon certain financial conditions, including a Qualified Financing Event. Additionally, XCF Global Capital has amended its Business Combination Agreement with Focus Impact BH3 Acquisition Company, extending the termination date to June 30, 2025. The company has also secured an equity line of credit agreement with Helena Global Investment Opportunities I Ltd, allowing for the issuance of up to $50 million in stock. In executive news, Pamela M. Abowd has been appointed as Chief Accounting Officer, and Jonathan Seeley has assumed the role of Vice President, Treasurer. Both bring substantial experience from the energy sector. Furthermore, XCF’s production facility in Reno, Nevada, has been repurposed to produce sustainable aviation fuel and renewable diesel, although the company is currently addressing financial challenges related to outstanding loans and lease payments.
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