XCF Global holds shareholder meeting on DevvStream, Southern Energy Renewables deal proposals
SAFX•XCF Global stockholders adopted proposals needed for the proposed business combination with DevvStream and Southern Energy Renewables, but the deal has not closed and remains subject to closing conditions; XCF also reported a $1 million investment through warrants exercisable at $2.50 per share.
1. Shareholders approve proposals
XCF Global held a stockholder meeting on Oct. 6, 2026, where stockholders adopted proposals required to complete its proposed business combination with DevvStream and Southern Energy Renewables and authorized the issuance of XCF common stock for the transaction. The deal has not closed and remains subject to remaining closing conditions under the amended agreement. XCF also reported a $1 million investment completed through the sale of warrants exercisable at $2.50 per share.
