{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-022736","form_type":"8-K/A","ticker":"SAFX","cik":"0002019793","company_name":"XCF Global, Inc.","filed_at":"2026-05-13T20:20:27+00:00","discovered_at":"2026-05-13T20:22:00.276189+00:00","generated_at":"2026-05-13T21:50:25.043864+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 to issue 37M shares to Encore DEC, settling $16.7M debt and liens","bullets":["Settles ~$16.7M of accounts payable and property liens with Encore DEC via 37M shares of Class A common stock at $0.451/share.","Post-conversion, Randy Soule (Encore owner) will beneficially own ~30.56% of XCF's outstanding Class A common stock.","The company also secured a forbearance arrangement with its landowner to enhance financial flexibility.","The agreement fully satisfies the payable balance and eliminates all property liens on the New Rise Reno facility.","CEO Chris Cooper states the transaction shows continued progress on financial priorities and stakeholder confidence."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-022736","json":"https://secwatch.observer/filing/0001493152-26-022736.json","markdown":"https://secwatch.observer/filing/0001493152-26-022736.md","text":"https://secwatch.observer/filing/0001493152-26-022736.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2019793/000149315226022736/0001493152-26-022736-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2019793/000149315226022736/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-13T21:50:25.043864+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":"8776439025dcaa7318d49f1c5938017660c4d27f","claim":"XCF Global, Inc. entered into Encore Agreement with Encore DEC, LLC valued at approximately $16.7 million (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/2019793/000149315226022736/0001493152-26-022736-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"settlement"},{"label":"Counterparty","value":"Encore DEC, LLC"},{"label":"Value","value":"approximately $16.7 million"},{"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"}