---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-016438"
form_type: "8-K"
ticker: "SAFX"
cik: "0002019793"
company_name: "XCF Global, Inc."
filed_at: "2026-04-14T23:59:59+00:00"
generated_at: "2026-05-15T06:27:47.613784+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# XCF Global signs definitive BCA to acquire DevvStream and Southern Energy Renewables

## Summary
- DevvStream and Southern to merge into XCF via subsidiary mergers; DevvStream to domesticate to Delaware.
- Closing conditions include Southern securing $400M bond approval from Louisiana and $10M cash.
- XCF must achieve $1B annualized fuel product revenue and $100M EBITDA by June 30, 2026, as DevvStream condition.
- Termination fees: $510K from DevvStream to XCF; $510K + $1.19M from XCF to DevvStream and Southern respectively.
- Support & Lock-Up Agreements ensure shareholder approvals from core securityholders.

## SEC filing metadata
- accession: 0001493152-26-016438
- form_type: 8-K
- ticker: SAFX
- cik: 0002019793
- company_name: XCF Global, Inc.
- filed_at: 2026-04-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2019793/000149315226016438/0001493152-26-016438-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2019793/000149315226016438/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-016438
- JSON: https://secwatch.observer/filing/0001493152-26-016438.json
- Plain text: https://secwatch.observer/filing/0001493152-26-016438.txt

## Source-grounded claims
- claim_id: 25a105b0d9c4f089fffb1d41901beb91c34739cb
  claim: XCF Global, Inc. entered into Business Combination Agreement with DevvStream Corp.; Southern Energy Renewables Inc.; DevvStream Merger Sub Inc.; Southern Merger Sub Inc. (effective 2026-04-13).
  evidence_excerpt: on April 13, 2026, the Company entered into a definitive Business Combination Agreement (as may be amended, supplemented or otherwise modified from time to time, the “BCA” and the transactions contemplated thereby, collectively, the “Transactions”), by and among the Company, DevvStream, Southern, DevvStream Merger Sub Inc., a Delaware corporation and a newly-formed wholly-owned subsidiary of the Company (“DevvStream Merger Sub”), and Southern Merger Sub Inc., a Delaware corporation and a newly-formed wholly-owned subsidiary of the Company (“Southern Merger Sub”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2019793/000149315226016438/0001493152-26-016438-index.htm

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