XCF Global, Inc. (SAFX) Form 8-K — Oct 22, 2026
$SAFXForm 8-KItems 1.01, 1.02, 2.01, 3.03, 5.02, 7.01, 9.01Filed Oct 22, 2026, 5:08 PM ET0001213900-26-111746Original filing
XCF Global (Nasdaq: SAFX) completed its all-stock business combination with Southern Energy Renewables and DevvStream on October 16, 2026, with both becoming wholly owned subsidiaries. DevvStream holders received 62,253,004 shares (1.1919 ratio) and Southern holders received 119,397,857 shares, leaving former Southern and DevvStream holders with approximately 20.0% and 10.43% of XCF, respectively, and roughly 596 million shares outstanding post-close.
Key figures
- Gross Proceeds
- 0
- Shares Offered
- 62253004
- Shares Outstanding
- 596000000
- Thorn base salary
- 750000
- 2030 target EBITDA
- >$300 million
- Warrant expiration
- November 6, 2029
- 2027 outlook EBITDA
- $70-75 million
- Consulting annual fee
- 1500000
- Southern shares issued
- 119397857
- Warrant exercise price
- 13.16
- Warrant exercise ratio
- 0.1155
- 2030 target net revenue
- >$400 million
- Focus impact settlement
- 456164
- 2027 outlook net revenue
- $120-130 million
- Devvstream shares issued
- 62253004
- Devvstream exchange ratio
- 1.1919
- Authorized shares increase
- 500,000,000 to 1,700,000,000
- Cooper base salary increase
- $500,000 to $750,000
- New rise nameplate capacity
- 38-40 million gallons per year
- 2030 target gross product sales
- >$1.4 billion
- Southern holders post close pct
- 20.0%
- 2027 outlook gross product sales
- $650-700 million
- Devvstream holders post close pct
- 10.43%
AI analysis
Red flags6 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.