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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (date of earliest event reported): August 21, 2025
XCF
GLOBAL, INC.
(Exact
name of registrant as specified in its charter)
Delaware |
|
001-42687 |
|
33-4582264 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
2500
CityWest Blvd, Suite 150-138
Houston,
TX 77042
(Address
of principal executive offices, including zip code)
(346)
630-4724
(Registrant’s
telephone number, including area code)
N/A
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under
any of the following provisions (see General Instructions A.2. below):
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Class
A Common Stock, par value $0.0001 per share |
|
SAFX |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company
☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
3.01 |
Notice of Failure to Satisfy a Continued Listing Rule or Standard |
On August 21, 2025, XCF Global,
Inc. (the “Company”) was notified by The Nasdaq Stock Market LLC (“Nasdaq”) that the Company was
no longer compliant with Nasdaq rule 5250(c)(1) due to the delay in filing the Company’s Quarterly Report
on Form 10-Q for the period ended June 30, 2025 (the “Q2 Form 10-Q”).
Under Nasdaq rules, XCF has 60 calendar
days, or until October 20, 2025, to submit a plan to regain compliance. If XCF’s plan is accepted, Nasdaq can grant an exception
of up to 180 calendar days from the due date of the Q2 Form 10-Q, or until February 17, 2026, to regain compliance.
The
notice has no immediate impact on the listing of the Company’s Class A Common Stock, which will continue to trade on Nasdaq
under the symbol “SAFX”. The Company is in the process of completing the Q2 Form 10-Q and currently expects to file the Q2
Form 10-Q with the Securities and Exchange Commission (“SEC”) no later than September 30, 2025.
The
Nasdaq notification does not directly affect the Company’s business operations or its SEC reporting requirements and does not conflict
with or cause an event of default under any of the Company’s material debt or other agreements.
As
required under the Nasdaq Listing Rule 5810(b), the Company issued a press release on August 26, 2025, announcing that it had
received the notice of noncompliance. A copy of this press release is attached as Exhibit 99.1 to this Current Report on Form
8-K.
Item
9.01 |
Financial
Statements and Exhibits. |
Exhibit
No. |
|
Description |
99.1 |
|
Press
release dated August 26, 2025. |
104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
|
XCF
GLOBAL, INC. |
|
|
|
|
By: |
/s/
Simon Oxley |
|
Name: |
Simon
Oxley |
|
Title: |
Chief
Financial Officer |
Date: August
26, 2025