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Crixus BH3 Announces Business Combination with XCF Global
Company Announcements

Crixus BH3 Announces Business Combination with XCF Global

Story Highlights
  • Focus Impact BH3 plans a business combination with XCF Global Capital.
  • The transaction includes the acquisition of New Rise Renewables and is subject to risks and approvals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

An update from Crixus BH3 Acquisition Company Class A ( (BHAC) ) is now available.

On March 11, 2024, Focus Impact BH3 Acquisition Company, a Delaware corporation, announced a Business Combination Agreement with XCF Global Capital, Inc., a Nevada corporation, and several other entities. This agreement will result in the creation of a new publicly traded company, NewCo. The business combination also involves the acquisition of New Rise Renewables, LLC, and New Rise SAF Renewables Limited Liability Company. The announcement has potential implications for the company’s market positioning, as it includes expectations of future performance and financial impacts. However, the completion of these transactions is subject to several risks and uncertainties, including regulatory approvals, stockholder approval, and the ability to meet stock exchange listing standards.

More about Crixus BH3 Acquisition Company Class A

YTD Price Performance: -2.01%

Average Trading Volume: 1,992

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $71.26M

For an in-depth examination of BHAC stock, go to TipRanks’ Stock Analysis page.

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