{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-022325","form_type":"8-K","ticker":"SAFX","cik":"0002019793","company_name":"XCF Global, Inc.","filed_at":"2025-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.692431+00:00","generated_at":"2026-05-19T11:34:18.198247+00:00","sec_items":["1.01","5.02","2.04","2.01","8.01","9.01","3.02","3.03","5.01","5.03","5.05","5.06","7.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"XCF Global completes business combination with Focus Impact; begins trading on Nasdaq under SAFX","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-022325","json":"https://secwatch.observer/filing/0001140361-25-022325.json","markdown":"https://secwatch.observer/filing/0001140361-25-022325.md","text":"https://secwatch.observer/filing/0001140361-25-022325.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2019793/000114036125022325/0001140361-25-022325-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2019793/000114036125022325/ef20050548_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T11:34:18.198247+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0bd8e1fe7e","claim":"Wray Thorn was appointed as director at XCF Global, Inc..","evidence_excerpt":"Mihir Dange, Anne Anderson, Sanford Cockrell, Si-Yeon Kim, Wray Thorn and Carter McCain were appointed as directors of New XCF.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2019793/000114036125022325/0001140361-25-022325-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"102eb070e8","claim":"Mihir Dange was appointed as Chief Executive Officer at XCF Global, Inc..","evidence_excerpt":"Mihir Dange Chief Executive Officer","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2019793/000114036125022325/0001140361-25-022325-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"12a3a72f4e","claim":"Anne Anderson was appointed as director at XCF Global, Inc..","evidence_excerpt":"Mihir Dange, Anne Anderson, Sanford Cockrell, Si-Yeon Kim, Wray Thorn and Carter McCain were appointed as directors of New XCF.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2019793/000114036125022325/0001140361-25-022325-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"3fdc5810b6","claim":"Gregory R. 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