XCF Global, Inc. (SAFX): debt financing — XCF Global subsidiary receives $130.7M loan acceleration; GNCU withdraws but defaults stand

XCF Global, Inc.

New Rise Reno subsidiary has $112.58M GNCU loan; GNCU notified acceleration of full balance as of Aug 6, 2025.
Acceleration notice stated amount owing as of Aug 5, 2025 is $130,671,882.10, excluding fees and penalties.
On Aug 27, 2025, GNCU withdrew acceleration but did not withdraw prior default notices or demand to cure.
Company is in active discussions with GNCU for potential forbearance or modified payment schedule.
No assurance that financing or resolution on acceptable terms will be obtained.

item 2.04

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

XCF Global, Inc. faced acceleration on loan with Greater Nevada Credit Union.

Instrument: loan
Counterparty: Greater Nevada Credit Union
Event: acceleration

Exact text from the filing

the acceleration of the full unpaid balances of the GNCU Loan pursuant to GNCU’s rights under the loan documents relating to the GNCU Loan. The acceleration notice indicated that the amount owing as of August 5, 2025, excluding applicable fees, costs, and penalties, is $130,671,882.10.

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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

XCF Global, Inc. reported a default on loan of $112,580,000 with Greater Nevada Credit Union.

Instrument: loan
Principal: $112,580,000
Counterparty: Greater Nevada Credit Union
Event: default

Exact text from the filing

the Company’s existing sustainable aviation fuel (“SAF”) production facility in Reno, Nevada. New Rise Reno has four notes payable outstanding, in aggregate principal amount of $112,580,000, to Greater Nevada Credit Union (“GNCU”), as the successor to Jefferson Financial Federal Credit Union (the “GNCU Loan”). The GNCU Loan was underwritten by certain guarantees

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102 debt financings filed in the last 30 days. Browse all debt financings →

XCF Global, Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-026064

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