XCF Global Evaluates Financing for Second Reno Facility

XCF Global Inc Class A ( (SAFX) ) has provided an announcement.

On January 9, 2026, XCF Global, Inc. entered into a transition and consulting arrangement with outgoing chief financial officer Simon Oxley, granting him restricted stock units and a mix of stock- or cash-based consulting fees tied partly to his continued leadership role on a specific acquisition project, while confirming that his departure did not stem from any disagreement over the company’s operations or policies. Effective January 12, 2026, the company appointed veteran energy and infrastructure finance executive William Dale as its new CFO through an agreement with ZRG Interim Solutions, a move the board framed as strengthening financial leadership and ensuring continuity as XCF executes its strategic objectives. On January 14, 2026, XCF Global disclosed that it is evaluating financing options to fund the next phase of its long-term growth plan, specifically the construction of a second New Rise Reno facility, underscoring the capital-intensive nature of its expansion strategy in the sustainable aviation fuel market.

More about XCF Global Inc Class A

XCF Global, Inc. is an emerging sustainable aviation fuel company focused on decarbonizing the aviation industry through the production of Sustainable Aviation Fuel (SAF). Its flagship New Rise Reno facility has a permitted nameplate capacity of 38 million gallons per year, positioning the Nasdaq-listed group as an early large-scale SAF producer in North America, with a pipeline of potential expansion projects in Nevada, North Carolina and Florida and partnerships across the energy and transportation sectors to scale SAF globally.

Average Trading Volume: 4,415,708

Technical Sentiment Signal: Sell

Current Market Cap: $28.6M

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