Focus Impact BH3 Stockholders Approve Merger with XCF Global Capital

In a recent development from Reno, Nevada, Focus Impact BH3 Acquisition Company announced that its stockholders have approved a business combination with XCF Global Capital, Inc. The decision was made during a special meeting held on February 27, 2025. Focus Impact BH3 is a special purpose acquisition company known for mergers and acquisitions, while XCF Global Capital plays a significant role in the aviation industry's shift towards decarbonization through Sustainable Aviation Fuel (SAF).

The merger is anticipated to finalize in March 2025, contingent on meeting certain conditions. Post-merger, the new entity, XCF Global, Inc., will be listed on The Nasdaq Capital Market under the ticker "SAFX," depending on final approval.

Cohen & Company Capital Markets and BTIG, LLC were among the advisors guiding the transaction, with Stradley Ronon Stevens & Young, LLP and Kirkland & Ellis LLP providing legal counsel to the respective companies involved.