XCF Global Inc. Shares Surge Following Financing Announcement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 14 Jan 26
Source: Benzinga
XCF Global Inc. shares surged 50.93% in after-hours trading, crossing above the 5-day SMA, following a significant financing announcement. The company revealed that Randy Soule and Encore DEC LLC converted $28 million in invoices into common stock, with Encore holding 17.6% and Soule 49.6% of shares, indicating strong shareholder confidence. Additionally, XCF announced a partnership with Bank of America to structure debt financing for its new Sustainable Aviation Fuel facility, positioning itself strategically in the renewable energy sector.
Analyst Views on SAFX
About SAFX
XCF Global, Inc. is a sustainable aviation fuel company engaged in accelerating the aviation industry's transition to net-zero emissions. The Company is developing and operating clean fuel synthetic aviation fuel (SAF) production facilities. SAF is a synthetic kerosene derived from non-food feedstocks, such as waste oils and fats, green and municipal waste and non-food crops. SAF is able to recycle carbon dioxide absorbed by biomass during its lifetime rather than injecting new carbon into the system, reducing emissions by up to 80%. It is also engaged in building partnerships across the energy and transportation sectors to accelerate the adoption of SAF on a global scale.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
