on XCF Global Capital Inc. (NASDAQ:BHAC)
Focus Impact BH3 and XCF Global Capital Advance Merging Plans
The U.S. Securities and Exchange Commission approved the Form S-4, clearing the path for the merger of Focus Impact BH3 Acquisition Co. and XCF Global Capital, Inc. This move aims to establish a leader in sustainable aviation fuel (SAF) production.
The anticipated combined entity will be listed on Nasdaq under "SAFX," pending final approvals. This merger intends to address the aviation industry's decarbonization needs, aligning with growing sustainability demands.
A special meeting of Focus Impact BH3 stockholders is scheduled for February 27, 2025, to vote on the merger. If stakeholders approve, the merger is expected to conclude shortly thereafter, solidifying the company's commitment to environmentally sustainable initiatives in aviation fuel production.
R. P.
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