8-K filed Jun 12, 2025 23:59 UTC ticker SAFX CIK 0002019793

m_and_a confidence high sentiment neutral materiality 0.90

XCF Global completes business combination with Focus Impact; begins trading on Nasdaq under SAFX

XCF Global, Inc.

Pre-money equity value of XCF set at $1.75B; issued ~142M shares to XCF equityholders at $10.00/share.
Post-combination shares outstanding ~149.3M; ~157.8M fully diluted; no lock-up restrictions after waiver.
Entered forbearance agreement with landlord Twain GL XXVIII until Sept 3, 2025; to issue 4M shares as consideration.
Management reiterates substantial doubt about ability to continue as going concern; audited FY2024 financials delayed.
Board appointed: Carl Stanton (observer), Mihir Dange (CEO), Gregory Surette (CSO); Sponsor retains nomination rights.

item 1.01item 5.02item 2.04item 2.01item 8.01item 9.01item 3.02item 3.03item 5.01item 5.03item 5.05item 5.06item 7.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Wray Thorn

director

SAFX · XCF Global, Inc.

Filed: Jun 12, 2025 23:59 UTC

Mihir Dange, Anne Anderson, Sanford Cockrell, Si-Yeon Kim, Wray Thorn and Carter McCain were appointed as directors of New XCF.

Appointed

Mihir Dange

Chief Executive Officer

SAFX · XCF Global, Inc.

Filed: Jun 12, 2025 23:59 UTC

Mihir Dange Chief Executive Officer

Appointed

Anne Anderson

director

SAFX · XCF Global, Inc.

Filed: Jun 12, 2025 23:59 UTC

Mihir Dange, Anne Anderson, Sanford Cockrell, Si-Yeon Kim, Wray Thorn and Carter McCain were appointed as directors of New XCF.

Appointed

Gregory R. Surette

Chief Strategy Officer and Secretary

SAFX · XCF Global, Inc.

Filed: Jun 12, 2025 23:59 UTC

Gregory R. Surette Chief Strategy Officer and Secretary

Appointed

Carter McCain

director

SAFX · XCF Global, Inc.

Filed: Jun 12, 2025 23:59 UTC

Mihir Dange, Anne Anderson, Sanford Cockrell, Si-Yeon Kim, Wray Thorn and Carter McCain were appointed as directors of New XCF.

Departed

Wray Thorn

director

SAFX · XCF Global, Inc.

Filed: Jun 12, 2025 23:59 UTC

Wray Thorn resigned as the sole director of NewCo

Appointed

Si-Yeon Kim

director

SAFX · XCF Global, Inc.

Filed: Jun 12, 2025 23:59 UTC

Mihir Dange, Anne Anderson, Sanford Cockrell, Si-Yeon Kim, Wray Thorn and Carter McCain were appointed as directors of New XCF.

Appointed

Gregory P. Savarese

Chief Marketing Officer

SAFX · XCF Global, Inc.

Filed: Jun 12, 2025 23:59 UTC

Gregory P. Savarese Chief Marketing Officer

Appointed

Sanford Cockrell

director

SAFX · XCF Global, Inc.

Filed: Jun 12, 2025 23:59 UTC

Mihir Dange, Anne Anderson, Sanford Cockrell, Si-Yeon Kim, Wray Thorn and Carter McCain were appointed as directors of New XCF.

Appointed

Pamela M. Abowd

Chief Accounting Officer

SAFX · XCF Global, Inc.

Filed: Jun 12, 2025 23:59 UTC

Pamela M. Abowd Chief Accounting Officer

Appointed

Mihir Dange

director

SAFX · XCF Global, Inc.

Filed: Jun 12, 2025 23:59 UTC

Mihir Dange, Anne Anderson, Sanford Cockrell, Si-Yeon Kim, Wray Thorn and Carter McCain were appointed as directors of New XCF.

Appointed

Simon Oxley

Chief Financial Officer

SAFX · XCF Global, Inc.

Filed: Jun 12, 2025 23:59 UTC

Simon Oxley Chief Financial Officer

Appointed

Jae Ryu

Head of Land Development

SAFX · XCF Global, Inc.

Filed: Jun 12, 2025 23:59 UTC

Jae Ryu Head of Land Development

Source: SEC EDGAR

accession 0001140361-25-022325

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