XCF Global settles $16.7M debt with Encore DEC via 37M share issuance at $0.451/share

XCF Global, Inc.

• $16.7M accounts payable and property liens settled by issuing 37,033,386 Class A shares at $0.451/share.
• Encore DEC is 100% owned by majority shareholder Randy Soule; transaction is a related-party settlement.
• Issuance increases Soule's beneficial ownership to approximately 30.56% of outstanding Class A common stock.
• Debt and liens fully discharged upon share issuance; no further amounts owed.
• CEO Chris Cooper states agreement improves balance sheet and demonstrates key stakeholder confidence.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.