---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-021161"
form_type: "8-K"
ticker: "SAFX"
cik: "0002019793"
company_name: "XCF Global, Inc."
filed_at: "2026-05-04T23:59:59+00:00"
generated_at: "2026-05-15T00:05:48.102519+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# XCF avoids ground-lease default; issues 4M shares to landlord; 2027 revenue target $110-120M

## Summary
- New Rise Reno subsidiary entered forbearance with landlord Twain through Jan 1, 2027, avoiding default on ground lease.
- XCF issued 4,000,000 shares to Twain as consideration; proceeds from share sales credited against owed amounts.
- New Rise Reno produced >2.5M gallons since March 2025; targeting return to operations in June 2026 after upgrade.
- XCF targets 2027 net revenue of $110-120M, EBITDA $65-70M, and renewable fuel production of 40-43M gallons.
- Signed binding term sheet with BGN for SAF offtake; business combination agreement with Southern Energy/DevvStream pending.

## SEC filing metadata
- accession: 0001493152-26-021161
- form_type: 8-K
- ticker: SAFX
- cik: 0002019793
- company_name: XCF Global, Inc.
- filed_at: 2026-05-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2019793/000149315226021161/0001493152-26-021161-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2019793/000149315226021161/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-021161
- JSON: https://secwatch.observer/filing/0001493152-26-021161.json
- Plain text: https://secwatch.observer/filing/0001493152-26-021161.txt

## Source-grounded claims
- claim_id: 7ec3ec4dbbff1a1be475d9584479e6bf5960c98a
  claim: XCF Global, Inc. entered into 2026 Twain Forbearance Agreement with Twain GL XXVIII, LLC (effective 2026-04-29).
  evidence_excerpt: On April 29, 2026, New Rise Renewables Reno, LLC (“ New Rise Reno ”), a subsidiary of XCF Global, Inc. (“ XCF ” or the “ Company ”), and Twain GL XXVIII, LLC (“ Twain ”) entered into a Forbearance Agreement (the “ 2026 Twain Forbearance Agreement ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/2019793/000149315226021161/0001493152-26-021161-index.htm

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