Focus Impact BH3 (BHAC) to Combine with XCF Global in $1.8Bn Deal

Focus Impact BH3 (NASDAQ:BHAC) has signed a definitive agreement to combine with XCF Global Capital at a pro forma enterprise value of $1.84 billion, or 3.9x its 2025E revenue. Reno, Nevada-based XCF is a newly formed entity aiming to build a network of sustainable aviation fuel refineries. The combined company is expected to trade on
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