InvestmentJun 12, 2026, 09:02 AM
XCF Global Raises $600K via Private Placement of 4M Shares
AI Summary
XCF Global, Inc. entered into securities purchase agreements with accredited investors to issue an aggregate of 4,000,000 shares of its Class A common stock at $0.15 per share, raising approximately $600,000 in gross proceeds. H.C. Wainwright & Co. and Roth Capital Partners served as co-placement agents, receiving a 7% cash fee (or 233,333 shares) and warrants to purchase 3% of the shares sold. An existing stockholder directly purchased 666,666 shares for $100,000.
Key Highlights
- Issued 4,000,000 shares of Class A common stock in a private placement.
- Raised approximately $600,000 in gross proceeds from the offering.
- Shares were sold at a purchase price of $0.15 per share.
- Placement agents received a fee of 7% of gross proceeds or 233,333 shares.
- Placement agents also received warrants for 3% of shares sold, exercisable at $0.21.
- An existing stockholder purchased 666,666 shares for $100,000 directly.
Price Impact
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