---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-012745"
form_type: "8-K"
ticker: null
cik: "0001851612"
company_name: "Focus Impact BH3 Acquisition Co"
filed_at: "2024-03-12T23:59:59+00:00"
generated_at: "2026-06-04T23:23:34.127989+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Focus Impact BH3 SPAC enters $1.75B business combination with XCF Global Capital

## Summary
- XCF pre-money equity value of $1.75B; XCF shareholders get NewCo common stock at $10 per share.
- Closing requires acquisition of New Rise Renewables and execution of a key supply & offtake agreement.
- Sponsor and certain XCF stockholders agree to lock-up on NewCo shares for 12 months post-close.
- BHAC must obtain at least $50M in additional financing for the deal to proceed.
- Deal must close by Sept 11, 2024 (auto-extendable to Nov 11) or either party may terminate.

## SEC filing metadata
- accession: 0001140361-24-012745
- form_type: 8-K
- cik: 0001851612
- company_name: Focus Impact BH3 Acquisition Co
- filed_at: 2024-03-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1851612/000114036124012745/0001140361-24-012745-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1851612/000114036124012745/ef20023810_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-012745
- JSON: https://secwatch.observer/filing/0001140361-24-012745.json
- Plain text: https://secwatch.observer/filing/0001140361-24-012745.txt

## Key facts
- Material Agreements
  Focus Impact BH3 Acquisition Co entered into Business Combination Agreement with XCF Global Capital, Inc. (effective 2024-03-11).
  - Action: entry
  - Agreement: merger
  - Counterparty: XCF Global Capital, Inc.
  - Effective: 2024-03-11
  source text: On March 11, 2024, BHAC entered into a Business Combination Agreement (the “Business Combination Agreement”) with Focus Impact BH3 Newco, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1851612/000114036124012745/0001140361-24-012745-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.