XCF Global, Inc. Announces Warrant Financing Linked to BCA Amendment

What Happened XCF Global, Inc. (SAFX) filed an 8-K reporting that, as a condition to Amendment No. 1 to a Business Combination Agreement (BCA) dated April 13, 2026, it entered a Warrant Purchase Agreement on September 14, 2026 with GL PART SPV II, LLC. The company sold a Common Stock purchase warrant (the “Initial Warrant”) in a private placement; the investor paid $1,000,000 at closing on September 14, 2026.

Key Details

• The Initial Warrant allows purchase of up to 6,891,798 shares of XCF common stock at an exercise price of $2.50 per share (subject to adjustment for splits/dividends).
• The investor paid $1,000,000 for the warrant, equal to $0.1451 per underlying share.
• The investor, GL PART SPV II, LLC, is controlled by Majique Ladnier, the largest beneficial owner of XCF common stock.
• Warrants may be exercised for cash or on a cashless basis; the Warrant Purchase Agreement and form of warrant were filed as exhibits.

Why It Matters This transaction provides XCF with $1.0M of immediate financing tied to changes in its Business Combination Agreement, and it gives the investor potential future equity exposure (up to ~6.9M shares) at a $2.50 strike. Investors should note the insider connection (the investor is controlled by the company’s largest shareholder) and that the issuance was a private, unregistered sale. These facts can affect shareholder dilution, ownership concentration, and future capitalization depending on whether and how the warrants are exercised.