---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-021621"
form_type: "8-K"
ticker: "SAFX"
cik: "0002019793"
company_name: "XCF Global, Inc."
filed_at: "2025-06-06T23:59:59+00:00"
generated_at: "2026-05-19T18:49:39.933498+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Focus Impact BH3 Newco and XCF waive key closing conditions for merger; board set at 6 with XCF majority

## Summary
- Waiver dated June 5, 2025, allows merger to close despite certain unresolved conditions.
- Post-merger board: 4 XCF designees (Dange, Anderson, Cockrell, Kim), 1 BHAC designee (Thorn), 1 independent (McCain).
- Conditions waived: Greater Nevada Credit Union loan, Twain Ground Lease, SAF production issues, Phillips 66 right of first refusal.
- Waived requirements: execution of Amended Key Agreement and purchase of Company Service Level Insurance Coverage pre-closing.
- All other terms of the Business Combination Agreement remain in full force and effect.

## SEC filing metadata
- accession: 0001140361-25-021621
- form_type: 8-K
- ticker: SAFX
- cik: 0002019793
- company_name: XCF Global, Inc.
- filed_at: 2025-06-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2019793/000114036125021621/0001140361-25-021621-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2019793/000114036125021621/ef20050289_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-021621
- JSON: https://secwatch.observer/filing/0001140361-25-021621.json
- Plain text: https://secwatch.observer/filing/0001140361-25-021621.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.