Focus Impact BH3 Acquisition Company Announces Waiver to Business Combination Conditions Precedent with XCF Global Capital
On June 5, 2025, Focus Impact BH3 Acquisition Company announced an update to its ongoing business combination with XCF Global Capital, Inc. The two companies, along with Focus Impact BH3 Newco, Inc., Focus Impact BH3 Merger Sub I, LLC, and Focus Impact BH3 Merger Sub II, Inc., entered into a waiver agreement related to their Business Combination Agreement initially dated March 11, 2024. This update includes the mutual agreement that certain conditions will not cause a failure of the agreement. Notably, these conditions include the composition of NewCo's board of directors and other matters outlined in a recent SEC filing by BHAC. The waiver was filed as an exhibit in a current report and is part of ongoing efforts to finalize the merger.
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