Item Entry 1.01 into a Material Definitive Agreement At the Market Sales Agreement On September 14, 2026, XCF Global, Inc., a Delaware corporation (the “ Company ”), entered into a sales agreement (the “ Sales Agreement ”) with Roth Capital Partners, LLC (“ Roth ”) and H.C.…
XCF Global, Inc. (“XCF”) is a U.S.-based producer of renewable diesel and sustainable aviation fuel (“SAF”) focused on decarbonizing transportation while supporting domestic fuel supply and energy security. The Company’s flagship facility, New Rise Renewables Reno, has a permitted nameplate production capacity of up to 38 million gallons per year. XCF intends to advance a pipeline of potential expansion opportunities in Nevada, North Carolina and Florida and to build relationships across the energy and transportation sectors that it believes could support the scaling of renewable fuels production. Any such opportunities remain subject to, among other factors, feasibility assessments, financing, regulatory approvals and market conditions. XCF is listed on the Nasdaq Capital Market and trades under the symbol SAFX. To learn more, visit xcf.global
Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 1.01Item 1.01 - Entry into Material Agreement
Item Entry
1.01 into a Material Definitive Agreement
At
the Market Sales Agreement
On
September 14, 2026, XCF Global, Inc., a Delaware corporation (the “ Company ”), entered into a sales agreement
(the “ Sales Agreement ”) with Roth Capital Partners, LLC (“ Roth ”) and H.C. Wainwright & Co.,
LLC (“ HCW ” and together with Roth, the “ Agents ”), under which the Company may offer and sell shares
of the Company’s Class A common stock, par value $0.0001 per share (“ Common Stock ”), having an aggregate market
value of up to $100,000,000 from time to time through the Agents (the “ Offering ”).
Sales
of Common Stock under the Sales Agreement, if any, will be made in “at the market offerings” as defined in Rule 415 under
the Securities Act of 1933, as amended (the “ Securities Act ”), including, without limitation, sales made directly
on or through The Nasdaq Capital Market or on any other existing trading market for the Common Stock, or to or through a market maker
or any other method permitted by law, including negotiated transactions and block trades. The Agents are not required to sell any specific
number or dollar amount of shares of Common Stock but will use their commercially reasonable efforts consistent with their normal trading
and sales practices, on mutually agreed terms between the Agents and the Company. Under the Sales Agreement, only one Agent may be designated
by the Company to effect offers, solicitations and sales on any single given date.
The
Company will pay the Agents a commission at a rate of up to 3.0% of the gross sales proceeds from sales of Common Stock under the Sales
Agreement. The Company has also agreed to reimburse the Agents for the fees and expenses of counsel to the Agents collectively, in an
amount up to $75,000 in connection with the execution of the Sales Agreement, and up to $7,500 per calendar quarter thereafter. The
Sales Agreement contains customary representations and warranties of the Company and indemnification and contribution provisions pursuant
to which the Company has agreed to indemnify the Agents against certain specified liabilities, including liabilities under the Securities
Act. The Company intends to use the net proceeds from sales of Common Stock under the Sales Agreement, if any, for working capital and
general corporate purposes.
The
Company may terminate the Sales Agreement upon five days’ written notice. Roth may also terminate the Sales Agreement at any time upon
five days’ written notice to the Company, or immediately in certain circumstances, including the occurrence of a material adverse effect
or certain market disruptions.
Offers
and sales of shares of Common Stock by the Company, if any, under the Sales Agreement will be made pursuant to a prospectus supplement,
dated September 14, 2026, and an accompanying base prospectus, which together form a part of the Company’s shelf registration
statement on Form S-3, filed by the Company with the U.S. Securities and Exchange Commission on September 14, 2026.
The
foregoing description of the Sales Agreement does not purport to be complete and is qualified in its entirety by reference to the full
text of such agreement, a copy of which is filed herewith as Exhibit 1.1 to this Current Report on Form 8-K and is incorporated herein
by reference.
This
Current Report on Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein,
nor shall there be any sale of such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such state or jurisdiction.
A
copy of the opinion of Shumaker, Loop & Kendrick, LLP relating to the validity of the shares of Common Stock that may be sold pursuant
to the Sales Agreement is incorporated by reference herewith as Exhibit 5.1.