secwatch.observer — SEC 8-K summary
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Issuer:     XCF Global, Inc. (SAFX)
CIK:        0002019793
Form:       8-K
Filed at:   2026-07-08T21:25:14+00:00
Accession:  0001493152-26-032547
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2019793/000149315226032547/0001493152-26-032547-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2019793/000149315226032547/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-032547

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