{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-003538","form_type":"8-K","ticker":"SAFX","cik":"0002019793","company_name":"XCF Global, Inc.","filed_at":"2026-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.004074+00:00","generated_at":"2026-05-16T08:08:04.458348+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"XCF Global signs binding term sheet for three-party merger with Southern and DevvStream","bullets":["Binding term sheet signed Jan 26, 2026; Southern and DevvStream to become wholly-owned subsidiaries of XCF.","Investor EEME to purchase up to $10M of XCF common stock to fund New Rise Reno SAF facility conversion.","Initial EEME purchase: 7M shares for $700K; remaining 93M shares expected through March 31, 2026.","Post-closing board: XCF designates 4 members (incl. CEO Chris Cooper as chair), Southern 2, DevvStream 1.","No assurance of definitive agreement; closing subject to negotiation, approvals, and milestones."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-003538","json":"https://secwatch.observer/filing/0001493152-26-003538.json","markdown":"https://secwatch.observer/filing/0001493152-26-003538.md","text":"https://secwatch.observer/filing/0001493152-26-003538.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2019793/000149315226003538/0001493152-26-003538-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2019793/000149315226003538/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T08:08:04.458348+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":"6e9f482962202d526471fe632b79670f123e0835","claim":"XCF Global, Inc. entered into Term Sheet with Southern Energy Renewables, Inc., DevvStream Corp., and EEME Energy SPV I LLC valued at $10 million (effective 2026-01-26).","evidence_excerpt":"On January 26, 2026, XCF Global, Inc., a Delaware corporation (“ XCF ” or the “ Company ”), entered into a binding term sheet (the “ Term Sheet ”) with Southern Energy Renewables, Inc., a Louisiana corporation (“ Southern ”), DevvStream Corp., an Alberta corporation (“ DEVS ”), and EEME Energy SPV I LLC (“ EEME ”), which sets forth the principal terms and conditions of a proposed business combination and related financing transactions","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2019793/000149315226003538/0001493152-26-003538-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Southern Energy Renewables, Inc., DevvStream Corp., and EEME Energy SPV I LLC"},{"label":"Value","value":"$10 million"},{"label":"Effective","value":"2026-01-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}