Eeme Energy SPV I buys $142m in XCF Global stock

EEME Energy SPV I, LLC, a 10% investor in XCF Global, Inc., recently bolstered its stake in the company by acquiring 119,397,857.60 shares of Class A Common Stock. The transaction, executed on October 16, 2026, came at a price of $1.19 per share, resulting in a total investment of $142,083,450. The addition of these shares brings EEME Energy SPV I, LLC's direct ownership of XCF Global, Inc.'s stock to 228,897,417.60 shares.

This significant purchase is a stark contrast to XCF Global's current stock price of $0.14, which has plummeted 88% over the past year, resulting in a market capitalization of $70.02 million. Despite this downturn, the stock appears undervalued according to InvestingPro analysis. For those interested in delving deeper into the company's financial health, InvestingPro offers over 15 additional ProTips for SAFX.

In parallel developments, XCF Global, Inc. has recently amended its business combination agreement with DevvStream Corp. and Southern Energy Renewables Inc. The updated agreement, as disclosed in a press release and SEC filing, adjusts the ownership percentages among the merging companies. Former shareholders of Southern Energy Renewables will now own about 20% of XCF Global’s common shares, down from the initially projected 23.3%.

Conversely, former DevvStream shareholders will see their post-merger stake increase to approximately 10.43%, up from 10%. The existing stockholders of XCF Global will hold around 69.57% of the company's common shares, up from the previous 66.7%. These revised ownership terms highlight XCF Global's strategic adjustments as it seeks to fine-tune its merger plans.

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