XCF Global completed its all-stock business combination with Southern Energy Renewables and DevvStream on October 16, 2026. Former shareholders of Southern Energy and DevvStream now hold approximately 20% and 10.43%, respectively, of XCF’s outstanding common stock, resulting in approximately 596 million shares outstanding. The transaction creates a vertically integrated alternative energy platform combining renewable fuel production with environmental-asset monetization. Concurrently, the company appointed Wray Thorn as President and Chief Financial Officer, effective October 19, 2026, succeeding Harvey Schnitzer who transitions to Director of Integration. XCF Global is a U.S.-based producer of renewable diesel and sustainable aviation fuel focused on decarbonizing transportation.
