debt
confidence high
sentiment neutral
materiality 0.75
XCF Global amends senior secured notes, extends maturity, converts $840k debt to equity
XCF Global, Inc.
- Omnibus Amendment with Hollywood and Abri extends maturity to Oct 31, 2026; removes 5M Penalty of Default Shares.
- Abri conversion limited to $66,666.70 principal into 666,667 shares at $0.10/share.
- Mandatory prepayments: 50% of revenue receipts due 2 business days after receipt starting Oct 15, 2026.
- Brown Stone arrangement fee of $150k ($100k paid upfront, $50k at final payment of notes).
- Narrow Road converts $840k due under $700k note into 3.5M shares at $0.24/share, terminating note.