Bank of America(US:BAC) Benzinga·2026-01-14 05:13Core Viewpoint - XCF Global Inc. (NASDAQ:SAFX) experienced a significant share price increase of 50.93% in after-hours trading, reaching $0.25, following a SEC filing and the announcement of expansion financing plans [1] Group 1: Financing and Shareholder Changes - Randy Soule and Encore DEC LLC converted $28 million in invoices into XCF common stock, resulting in Encore acquiring 36,779,193 shares (17.6% ownership) and Soule acquiring 78,901,648 shares (49.6% ownership) [2] - The shares acquired are subject to a six-month trading restriction [2] - XCF has engaged Bank of America to structure potential debt financing for its New Rise Reno 2 facility, aimed at expanding its Sustainable Aviation Fuel (SAF) and renewable fuel platform [3] Group 2: Strategic Partnerships and Market Outlook - The company signed a non-binding Memorandum of Understanding with BGN INT US LLC to establish global distribution and marketing frameworks across Europe, the Middle East, and other markets [4] - CEO Chris Cooper emphasized the importance of expanding SAF production in light of increasing sustainability commitments from governments and airlines worldwide [5] - The global SAF market is projected to exceed $25 billion by 2030, with demand expected to surpass 5.5 billion gallons, potentially reaching $250 billion by 2050 if decarbonization targets are met [6] Group 3: Trading Metrics and Technical Analysis - XCF Global has a Relative Strength Index (RSI) of 23.37, indicating a potential oversold condition [7] - The stock has a market capitalization of $34.12 million, with a 52-week trading range between a high of $44.65 and a low of $0.14 [7] - Over the past 12 months, the stock has declined by 98.37%, reflecting a longer-term bearish trend [7]