secwatch.observer — SEC 8-K summary
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Issuer:     XCF Global, Inc. (SAFX)
CIK:        0002019793
Form:       8-K/A
Filed at:   2026-05-13T20:20:27+00:00
Accession:  0001493152-26-022736
Event type: debt
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XCF Global to issue 37M shares to Encore DEC, settling $16.7M debt and liens
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2019793/000149315226022736/0001493152-26-022736-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2019793/000149315226022736/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-022736

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