Flash FinanceUS
Pre-market S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · XCF Global, Inc. (SAFX)

XCF Global to buy Paramount, California fuel plant; $10 million cash at closing

Neutral Impact 3 of 5 m&a Written later

XCF Global's subsidiary New Rise Renewables Paramount, LLC agreed on October 20, 2026 to buy a sustainable aviation fuel production facility in Paramount, California, from Air Products Manufacturing LLC, and will assume certain liabilities, including environmental liabilities. The price is $10 million in cash at closing plus an additional payment with a $50 million base amount, due 36 months after closing, and closing depends on customary conditions and insurance policies. XCF expects to invest about $30 million during a 9-12 month restart of the plant, and the filing gives no near-term financial results for the acquisition.

Key points

  • Agreement dated October 20, 2026 between New Rise Renewables Paramount, LLC (buyer), Air Products Manufacturing LLC (seller) and XCF Global, Inc.
  • Purchase price: $10 million cash at closing, plus an additional payment with a $50 million base amount due 36 months after closing.
  • Closing expected before the end of 2026; either party may terminate if closing has not occurred by December 15, 2026, subject to one 15-day extension.
  • XCF expects to invest about $30 million during the restart period, which it plans to complete over the next 9-12 months.

The filing

CompanyXCF Global, Inc. (SAFX)
Form8-K, current report
Filed with the SECOct 23, 2026, 4:30 PM ET
Accession number0001213900-26-112143

Items reported: 1.01 Material Definitive Agreement7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.