secwatch.observer — SEC 8-K summary
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Issuer:     XCF Global, Inc. (SAFX)
CIK:        0002019793
Form:       8-K
Filed at:   2026-08-18T20:05:29+00:00
Accession:  0001493152-26-039009
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XCF Global enters $666,666 senior secured loan with 25% OID from Abri Capital
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- Loan face amount $666,666, purchase price $500,000 (25% OID); 10% annual interest, maturity Aug 20, 2026.
- Commitment fee of 500,000 shares of Class A common stock; 5,000,000 penalty default shares reserved.
- First-priority security interest in inventory, accounts, environmental attributes, equipment, and proceeds.
- Company discloses delinquent SEC filings and Nasdaq continued-listing notices; existing debt with GNCU and Twain.
- Loan is non-amortizing, no prepayment penalty; default interest 18% per annum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2019793/000149315226039009/0001493152-26-039009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2019793/000149315226039009/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-039009

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