XCF Global, Inc. Enters $666,666 Senior Secured Loan with Abri

What Happened

• XCF Global, Inc. (SAFX) announced it entered into a Senior Secured 25% Original Issue Discount Promissory Note and Security Agreement with Abri Capital Limited dated August 12, 2026. The loan has a principal amount of $666,666 but carries a 25% original issue discount, producing $500,000 in net proceeds. The note matures on August 20, 2026.

Key Details

• Loan amount/principal: $666,666 with a 25% original issue discount (purchase price $500,000).
• Interest and payments: 10% annual interest, payable monthly and at maturity; default interest 18% per annum; non‑amortizing (no principal payments due before maturity).
• Equity fees and default shares: Company issued a non‑refundable commitment fee of 500,000 shares of Class A common stock and must reserve 5,000,000 authorized but unissued shares to be issued to Abri upon an Event of Default.
• Security and scope: Abri received a first-priority security interest in XCF Global, Inc.’s assets (inventories, accounts, equipment, deposit/securities accounts, environmental attributes, chattel paper and proceeds). The lien covers only XCF Global, Inc.’s assets and does not extend to the company’s subsidiaries; subsidiaries do not guarantee the loan.

Why It Matters

• This filing shows XCF obtained short-term secured financing that provides $500,000 in immediate cash but at a high effective cost due to the 25% original issue discount, 10% interest and a short maturity (Aug 20, 2026).
• The loan gives Abri first-priority claims on XCF Global’s assets and includes equity-based fees and substantial default share provisions, which could dilute existing shareholders if a default occurs.
• Retail investors should note the financing terms, the security interest limited to the parent company (not its subsidiaries), and the potential dilution risk from the commitment fee and Default Shares.