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Jan 14, 2026 12:20 AM

Why Did XCF Global (SAFX) Jump Nearly 51% In After-Hours Trading?

XCF 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 Equity

Randy Soule and Encore DEC LLC converted $28 million in invoices into XCF common stock, according to a Tuesday SEC filing.

Shares acquired:

Shareholder

Shares Acquired

Ownership Percentage

Encore

36,779,193

17.6%

Soule

78,901,648

49.6%

The shares are subject to a six-month trading restriction.

Bank of America Engaged for Expansion Financing

XCF announced on Monday that it engaged Bank of America (NYSE:BAC) to structure potential debt financing for ...