other_material
confidence high
sentiment neutral
materiality 0.45
XCF Global amends promissory note; receives $2.25M cash, cancels 1.17M shares from Soule
XCF Global, Inc.
- Company waived Helena's obligation to return shares in exchange for $2,249,771.14 cash payment from Helena.
- Soule agreed to return 1,173,164 shares of Class A Common Stock to XCF for cancellation.
- Amendment added indemnification provisions in favor of noteholder in the promissory note.
- Changes modify the existing promissory note dated May 30, 2025 among XCF, Helena, and Soule.
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