XCF Global is trading 6.3% down at $0.39 as the company filed a preliminary proxy statement today, July 27, 2026. - The filing relates to a proposed business combination agreement with DevvStream Corp. and Southern Energy Renewables Inc., dated April 13, 2026. - Investors are likely reacting to the details of the proposed transaction and the upcoming stockholder vote, scheduled for September 10, 2026, which may imply potential dilution or other integration risks.