XCF Global, Inc. (SAFX): debt financing — XCF Global (SAFX) enters $1.12M promissory notes, net $1M after $120K OID

XCF Global, Inc.

Entered into two promissory notes totaling $1.12M principal (net proceeds $1M after $120K OID).
Notes bear no interest except 12% default rate; mature three months from disbursement.
Disbursement conditioned on filing registration statement for shares under Purchase Agreement with Helena Global.
Borrower must apply 50% of net proceeds from share sales under Purchase Agreement to repay notes pro rata.
Negative covenants restrict incurring additional debt (except permitted debt) and creating liens.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

XCF Global, Inc. incurred loan of $560,000 each, aggregate $1,120,000 with two separate institutional lenders at 12% per annum upon default maturing three months from disbursement.

Instrument: loan
Principal: $560,000 each, aggregate $1,120,000
Counterparty: two separate institutional lenders
Rate: 12% per annum upon default
Maturity: three months from disbursement
Event: incurrence

Exact text from the filing

On October 22, 2025, XCF Global, Inc. (the “Company”) entered into two separate promissory notes (the “Notes”) with two separate institutional lenders, each in the principal amount of $560,000, for an aggregate principal amount of $1,120,000

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304 debt financings filed in the last 30 days. Browse all debt financings →

XCF Global, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-019788

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