---
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"
generated_at: "2026-05-17T02:15:11.706560+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# XCF Global (SAFX) enters $1.12M promissory notes, net $1M after $120K OID

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-019788
- JSON: https://secwatch.observer/filing/0001493152-25-019788.json
- Plain text: https://secwatch.observer/filing/0001493152-25-019788.txt

## Key facts
- Debt Financings
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/2019793/000149315225019788/0001493152-25-019788-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.