XCF Global withdraws reverse stock split proposal
SAFX•XCF Global withdrew its proposed reverse stock split after shareholder feedback. The move does not resolve its Nasdaq minimum bid price noncompliance; the company has until December 7, 2026, to regain compliance or face expected delisting.
1. Compliance deadline remains
XCF Global withdrew its proposed reverse stock split following shareholder feedback, saying it is prioritizing business execution and financial performance. The withdrawal does not resolve its Nasdaq minimum bid price noncompliance, and the company has until December 7, 2026, to regain compliance. Failure to do so is expected to result in delisting, potentially hurting trading liquidity and access to capital.
