{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-019788","form_type":"8-K","ticker":"SAFX","cik":"0002019793","company_name":"XCF Global, Inc.","filed_at":"2025-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.331722+00:00","generated_at":"2026-05-17T02:15:11.706560+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"XCF Global (SAFX) enters $1.12M promissory notes, net $1M after $120K OID","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-019788","json":"https://secwatch.observer/filing/0001493152-25-019788.json","markdown":"https://secwatch.observer/filing/0001493152-25-019788.md","text":"https://secwatch.observer/filing/0001493152-25-019788.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2019793/000149315225019788/0001493152-25-019788-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2019793/000149315225019788/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:15:11.706560+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":"cf5e30c9720dc848a2e54529c3d9402d6bf5adc4","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2019793/000149315225019788/0001493152-25-019788-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$560,000 each, aggregate $1,120,000"},{"label":"Counterparty","value":"two separate institutional lenders"},{"label":"Rate","value":"12% per annum upon default"},{"label":"Maturity","value":"three months from disbursement"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}