secwatch.observer — SEC 8-K summary
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Issuer:     Focus Impact BH3 Acquisition Co (—)
CIK:        0001851612
Form:       8-K
Filed at:   2024-03-12T23:59:59+00:00
Accession:  0001140361-24-012745
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1851612/000114036124012745/0001140361-24-012745-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1851612/000114036124012745/ef20023810_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-012745

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