Financing ·
XCF Global, Inc. entered into a $1,000,000 senior secured promissory note with Brown Stone Capital Limited featuring a…
SAFXXCF Global, Inc.
XCF Global, Inc. entered into a $1,000,000 senior secured promissory note with Brown Stone Capital Limited featuring a 25% original issue discount, resulting in a net purchase price of $750,000. The loan bears 10% annual interest payable monthly and is due in 60 days, with a non-refundable commitment fee of 500,000 shares of Class A Common Stock. XCF Global, Inc. granted a first-priority security interest in various company assets to secure the loan. XCF Global, Inc. operates in the global trade and logistics sector.