other material
confidence high
sentiment neutral
materiality 0.40
XCF Global sells 6.89M-share warrant at $2.50 strike to related party for $1M
XCF Global, Inc.
- On Sept 14, 2026, sold warrant to GL PART SPV II to buy 6,891,798 shares at $2.50/share for $1,000,000 ($0.1451/share).
- Investor GL PART SPV II is controlled by Majique Ladnier, the largest beneficial owner of Class A Common Stock.
- Warrant issued in private placement, exempt under Section 4(a)(2) and Rule 506(b); unregistered.
- Sale is tied to Amendment No. 1 to Business Combination Agreement dated April 13, 2026.
- Warrant may be exercised for cash or cashless, with anti-dilution adjustments.