XCF Global enters $1M senior secured loan with 25% OID; issues 500K commitment shares

XCF Global, Inc.

Loan of $1,000,000 with 25% original issue discount, net proceeds $750,000; 10% interest, 2-month term.
Commitment fee of 500,000 shares of Class A Common Stock issued to lender Brown Stone Capital.
Security interest granted in inventory, accounts, environmental attributes, and other assets; excludes certain existing liens.
Company must reserve 5,000,000 Penalty of Default Shares for issuance upon event of default.
Loan proceeds for working capital and to support business combination agreement with DevvStream.

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