secwatch.observer — SEC 8-K summary
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Issuer:     XCF Global, Inc. (SAFX)
CIK:        0002019793
Form:       8-K
Filed at:   2025-08-01T23:59:59+00:00
Accession:  0001641172-25-021902
Event type: debt
Sentiment:  neutral
Materiality: 0.72
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XCF Global enters convertible note financing for up to $7.5M; initial $2M drawn
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- Convertible Note Purchase Agreement with EEME Energy SPV I LLC for up to $7.5M aggregate principal; initial closing of $2M on July 29, 2025.
- Notes convertible at 90-95% of 5-day VWAP; 13.3% upfront interest paid in shares.
- Issued 750k arrangement fee shares and 200k advisory fee shares to EEME Energy.
- EEME Energy is affiliate of Majique Ladnier, who also controls GL Entities; pro forma combined ownership ~18.3% of SAFX.
- Notes and conversion shares are unregistered, sold under Rule 506 of Regulation D.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2019793/000164117225021902/0001641172-25-021902-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2019793/000164117225021902/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-021902

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