secwatch.observer — SEC 8-K summary
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Issuer:     Global Clean Energy Holdings, Inc. (—)
CIK:        0000748790
Form:       8-K
Filed at:   2024-06-26T23:59:59+00:00
Accession:  0001628280-24-029974
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 2.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Clean Energy settles ExxonMobil dispute for $18.3M, secures $75M Vitol credit and offtake deal
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- Settled ExxonMobil dispute for $18.26M; cancelled 125K Series C shares and all warrants.
- Amendment No. 16 upsized Tranche D facility to $272.15M; converted $132.44M Tranche B loans to Tranche C+.
- New $75M Vitol RCF to fund working capital; exclusive 36-month supply/offtake for renewable diesel and naphtha.
- ExxonMobil-appointed directors Timothy Iezzoni and Amy Wood resigned from board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/748790/000162828024029974/0001628280-24-029974-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/748790/000162828024029974/gceh-20240625.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-029974

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