secwatch.observer — SEC 8-K summary
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Issuer:     XCF Global, Inc. (SAFX)
CIK:        0002019793
Form:       8-K
Filed at:   2026-07-22T21:22:42+00:00
Accession:  0001493152-26-034267
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XCF Global raises $2.3M via OID loan, warrant, and stock; potential $99M additional warrant
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- Entered $400K senior secured loan with 25% OID (net $300K), 10% interest, 2-month term, secured by inventory, accounts, environmental attributes.
- Issued 500K commitment shares to lender; 5M penalty shares reserved for default.
- Sold initial warrant to GL PART SPV II for $1M to buy 6,891,798 shares at $2.50; investor controlled by largest beneficial owner.
- Sold 6,666,667 shares to Lombard Street Partners for $1M (~$0.15/share); registration rights granted.
- Warrant agreement allows up to $99M additional warrants; registration statement due by Dec 4, 2026 or Jan 5, 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2019793/000149315226034267/0001493152-26-034267-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2019793/000149315226034267/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-034267

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer