{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-022526","form_type":"8-K","ticker":"SAFX","cik":"0002019793","company_name":"XCF Global, Inc.","filed_at":"2026-05-12T21:09:30+00:00","discovered_at":"2026-05-12T21:10:00.349949+00:00","generated_at":"2026-05-12T21:13:44.355860+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"XCF Global settles $16.7M debt with Encore DEC via 37M share issuance at $0.451/share","bullets":["$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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-022526","json":"https://secwatch.observer/filing/0001493152-26-022526.json","markdown":"https://secwatch.observer/filing/0001493152-26-022526.md","text":"https://secwatch.observer/filing/0001493152-26-022526.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2019793/000149315226022526/0001493152-26-022526-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2019793/000149315226022526/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-12T21:13:44.355860+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":"cf28d1c2d9f793208f363c65778e345a4070137c","claim":"XCF Global, Inc. entered into Encore Agreement payable acknowledgement and settlement agreement with Encore DEC, LLC valued at $16,700,000 debt settled via 37,033,386 shares of Class A Common Stock at $0.451 per share (effective 2026-05-06).","evidence_excerpt":"On May 6, 2026, the Company, New Rise Renewables Reno, LLC (“ New Rise Reno ”), a subsidiary of the Company, and Encore DEC, LLC (“ Encore ”) entered into a payable acknowledgement and settlement agreement (the “ Encore Agreement ”), pursuant to which approximately $16.7 million of outstanding accounts payable due to Encore DEC will be settled through the issuance of 37,033,386 shares of the Company’s Class A Common Stock","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2019793/000149315226022526/0001493152-26-022526-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"settlement"},{"label":"Counterparty","value":"Encore DEC, LLC"},{"label":"Value","value":"$16,700,000 debt settled via 37,033,386 shares of Class A Common Stock at $0.451 per share"},{"label":"Effective","value":"2026-05-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}