Why Did XCF Global (SAFX) Jump Nearly 51% In After-Hours Trading? - Bank of America (NYSE:BAC), XCF Global (NASDAQ:SAFX)
Bank of America(US:BAC) Benzinga·2026-01-14 05:13XCF Global Inc. (NASDAQ:SAFX) shares rose 50.93% in after-hours trading on Tuesday to $0.25, following a Securities and Exchange Commission filing and the company's announcement of expansion financing plans.Check out the current price of SAFX stock here.$28 Million Debt Converted to EquityRandy Soule and Encore DEC LLC converted $28 million in invoices into XCF common stock, according to a Tuesday SEC filing.Shares acquired:ShareholderShares AcquiredOwnership PercentageEncore36,779,19317.6%Soule78,901,64849 ...