H.C. Wainwright initiated coverage on XCF Global with a new price target
$SAFX
Major Chemicals
Industrials
H.C. Wainwright initiated coverage of XCF Global with a rating of Buy and set a new price target of $1.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/23/2026 | $1.00 | Buy | H.C. Wainwright |
| 3/18/2026 | $0.40 | Neutral | Roth Capital |
H.C. Wainwright initiated coverage of XCF Global with a rating of Buy and set a new price target of $1.00
Roth Capital initiated coverage of XCF Global with a rating of Neutral and set a new price target of $0.40
$1.5 million already funded; preferred stock structure adds no debt, has no maturity date, and carries no repayment obligation Headline of release should read: DevvStream Announces $6 Million Equity Investment From EEME Energy, No Additional Share Issuances Expected Prior to Merger; Gives Notice to Terminate $300 Million Equity Line of Credit (instead of DevvStream Announces $6 Million Equity Investment from EEME Energy; Gives Notice to Terminate $300 Million Equity Line of Credit) The updated release reads: DEVVSTREAM ANNOUNCES $6 MILLION EQUITY INVESTMENT FROM EEME ENERGY, NO ADDITIONAL SHARE ISSUANCES EXPECTED PRIOR TO MERGER; GIVES NOTICE TO TERMINATE $300 MILLION EQUITY LINE OF C
$1.5 million already funded; preferred stock structure adds no debt, has no maturity date, and carries no repayment obligation DevvStream Corp. (NASDAQ:DEVS) ("DevvStream" or the "Company") today announced that it has entered into a binding term sheet with EEME Energy SPV I, LLC ("EEME") for a $6.0 million private placement of the Company's Series A Non-Redeemable Convertible Preferred Stock. EEME has already funded $1.5 million of the investment. The Company also announced that it has given notice to terminate its equity line of credit purchase agreement, under which up to $300 million of common shares could have been issued and sold over time, simplifying the Company's capital structure
Parties Clarify That the Business Combination Agreement Remains in Full Force and Effect; Form S-4 Registration Statement Expected to Be Filed in the Coming Weeks DevvStream Corp. (NASDAQ:DEVS) ("DevvStream" or the "Company"), XCF Global, Inc. (NASDAQ:SAFX) ("XCF"), and Southern Energy Renewables Inc. ("Southern") (together, the "Parties") wish to clarify recent media coverage that mischaracterized a current report on Form 8-K filed by DevvStream with the U.S. Securities and Exchange Commission (the "SEC") on May 18, 2026 (the "8-K"). The 8-K reported, among other things, that DevvStream had received fairness opinions in connection with the proposed three-party business combination and
3 - XCF Global, Inc. (0002019793) (Issuer)
3 - XCF Global, Inc. (0002019793) (Issuer)
3 - XCF Global, Inc. (0002019793) (Issuer)
RW - XCF Global, Inc. (0002019793) (Filer)
SCHEDULE 13G - XCF Global, Inc. (0002019793) (Subject)
8-K - XCF Global, Inc. (0002019793) (Filer)
$1.5 million already funded; preferred stock structure adds no debt, has no maturity date, and carries no repayment obligation Headline of release should read: DevvStream Announces $6 Million Equity Investment From EEME Energy, No Additional Share Issuances Expected Prior to Merger; Gives Notice to Terminate $300 Million Equity Line of Credit (instead of DevvStream Announces $6 Million Equity Investment from EEME Energy; Gives Notice to Terminate $300 Million Equity Line of Credit) The updated release reads: DEVVSTREAM ANNOUNCES $6 MILLION EQUITY INVESTMENT FROM EEME ENERGY, NO ADDITIONAL SHARE ISSUANCES EXPECTED PRIOR TO MERGER; GIVES NOTICE TO TERMINATE $300 MILLION EQUITY LINE OF C
$1.5 million already funded; preferred stock structure adds no debt, has no maturity date, and carries no repayment obligation DevvStream Corp. (NASDAQ:DEVS) ("DevvStream" or the "Company") today announced that it has entered into a binding term sheet with EEME Energy SPV I, LLC ("EEME") for a $6.0 million private placement of the Company's Series A Non-Redeemable Convertible Preferred Stock. EEME has already funded $1.5 million of the investment. The Company also announced that it has given notice to terminate its equity line of credit purchase agreement, under which up to $300 million of common shares could have been issued and sold over time, simplifying the Company's capital structure