XCF business combo extended to June 30; $19.3M loan default, $18.5M lease default disclosed

XCF Global, Inc.

Amendment No. 3 extends business combination termination date to June 30, 2025.
XCF entered $50M ELOC with Helena and $2M promissory note (gross, $400k interest) for post-combination financing.
GNCU loan default notice: $112.58M USDA-guaranteed debt; $19.3M past due (excl. $2.1M penalties) as of May 15, 2025.
Twain ground lease default: $18.5M owed ($13.3M lease payments + $5.6M late fees) as of May 15, 2025.
Appointed Pamela Abowd as Chief Accounting Officer on April 16, 2025.

item 1.01item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.