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.

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