- Business
- Focus Impact BH3 Acquisition Company (BHACW) operates as a special purpose acquisition company, or blank check company, formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses; it targets opportunities primarily in the BH3 sectors including business services, healthcare, and hospitality. The company offers no current products or services beyond its SPAC structure, which facilitates public market access for target entities through de-SPAC transactions; its securities include Class A ordinary shares, warrants, and rights traded under tickers BHAC, BHACW, and related units. Founded in 2021 and headquartered in Fort Lauderdale, Florida, with operational ties to New York, New York, the entity initially operated under Crixus BH3 Acquisition Company sponsorship by BH3 Management LLC. In November 2023, Focus Impact Partners assumed sponsorship and management, renaming it Focus Impact BH3 Acquisition Company and relocating executive offices. In March 2024, it signed a definitive business combination agreement with XCF Global Capital Inc., a developer of sustainable aviation fuel and renewable fuels; the merger closed via reverse takeover on June 6, 2025, with extensions of the merger deadline through April 2025 to facilitate completion.