XCF Global, Inc.
A sustainable aviation fuel and energy-transition platform, listed on the Nasdaq Capital Market.
+55,000 gallons/dayrenewable diesel since July 2026 · estimated from the issuer's 1 Sep 2026 figure and daily rate
Issuer: Capital Rights Holdings I Ltd. | Reference issuer: XCF Global, Inc.
Unit: XCFPU · 1 Series S + 0.5 Series W | Eligible investors in approved jurisdictions
One Unit = participation in one XCF share and one-half of one XCF warrant (strike $2.50).
Time remaining until the round closes.
No commission
No subscription fee
Settles into the real share
Verified issuer
Why we selected XCF Global
Every issuer on PIPO goes through selection. Here is what made this one pass.
A mandated market, not a hoped-for one
Aviation has no electric fallback, and regulators know it. ReFuelEU requires 2% sustainable aviation fuel at EU airports from 2025, rising to 70% by 2050; the US adds producer tax credits on top. Demand for SAF is written into law before it exists in volume.
Public-market plumbing from day one
XCF Global is a Nasdaq-listed reporting company - audited filings, SEC oversight, a transfer agent of record. The rails your unit settles into already exist and are supervised. That is the exception in tokenised offerings, not the rule.
Physical production, not a whitepaper
The scarce asset in SAF is permitted, built infrastructure. XCF's New Rise Reno facility is a constructed HEFA plant with a permitted nameplate capacity of 38 million gallons per year - feedstock in, certified fuel out.
Capacity
The facility is permitted for 38M gallons a year. Today it ships about 55,000 gallons of renewable diesel a day, close to 20M a year. SAF blending component is expected from Q4 2026.
Nameplate, permitted
38Mgal / year
Permitted nameplate capacity, ≈ 104,000 gal a day
Running today
20Mgal / year
Renewable diesel shipping today, ≈ 55,000 gal a day
What you get
Each unit contains
Your total
The business
SAFX
Company disclosure prevails over any figure shown here.
- Exchange
- Nasdaq Capital
- Market
- United States
- Sector
- Renewable fuels
- HQ
- Houston, Texas, US
- Ticker
- SAFX
- Share class
- Class A common
- Market cap
- ≈ $197.2M
- Built HEFA plant — permitted nameplate capacity of 38M gal/yr (renewable diesel and SAF)
- Production started July 2026, customer shipments August 2026; 886,400 gallons produced by 1 Sep 2026, ≈ 55,000 gallons a day
Management
Chris Cooper
Chairman & Chief Executive Officer
“ I'm honored to join XCF at this exciting inflection point for both aviation and renewable fuel. Global demand for SAF is accelerating, and XCF is well-positioned to lead through the rapid deployment of its modular facility design and international partnerships.”
Wray Thorn
Director · Chair of the Finance Committee
Partner at Focus Impact Partners and founder of Clear Heights Capital, with about three decades of investment leadership, formerly Chief Investment Officer for private investments at Two Sigma.
Harvey Schnitzer
Chief Financial Officer
CPA and former CFO and COO with decades of work in profitability improvement, restructuring and operational transformation; most recently CFO of Farouk Systems. Appointed in April 2026.
Si-Yeon Kim
Lead Independent Director · Chair of the Corporate Governance Committee
Corporate board director and global risk expert with over 20 years in M&A, private equity and international operations, including senior roles at JPMorgan Chase and American Express Global Business Travel.
Carl Stanton
Board Observer
Serves as Board Observer; the company has said it intends to add him to the Board once Nasdaq independence rules allow.
Sanford Cockrell
Non-executive Director · Chair of the Audit Committee
Over 40 years advising senior executives on strategy and finance; former US and global board member and senior client service partner at Deloitte.
Management of XCF Global, Inc., the reference issuer, shown for reference. XCF Global, Inc. is not the issuer or seller of XCFPU.
The offer
You pay the share price. You get more than the share — a unit.
You pay
$0.4800per Unit, indicative · USDC on Base
Indicative Issue Price. It follows the SAFX market price; the warrant allocation, direct costs and the disclosed programme load are itemised in the Round Notice.
A warrant is a right to buy another share at a price fixed today - $2.50, until 30 September 2029 - however the market moves.
You get
1 unit that includes:
- 1 XCF share participation (Series S)
- 0.5 XCF warrant participation (Series W)
- Title Delivery into real XCF shares from $25,000, via the transfer agent
- Strike
- $2.50
- Reference cap
- $15.00
- Expiry
- 30 Sep 2029
- Network
- Base
- Minimum
- $50
- Maximum
- $25,000 / tx
- Eligibility
- Non-US persons, Reg S, KYC
- What you receive
- XCFPU: contractual participation issued by Capital Rights Holdings I Ltd.*
- Settlement
- Title Delivery into XCF shares from $25,000, via the transfer agent
* XCFPU (XCF Series W and Series S Participation Unit) is issued by Capital Rights Holdings I Ltd., a Cayman Islands exempted company, not by XCF Global, Inc. Structure and legal nature are described in full in the XCFPU Lightpaper and the Private Offering Memorandum.
What happens after you buy
Two clocks run on your unit. One runs on dates. One runs on price.
R114 Sep 2026
until 30 Sep
1 share equivalent
0.5 warrant
+ 0.5 warrant bonus
launch round onlyR21 Oct 2026
until 6 Nov
1 share equivalent
0.5 warrant
Transfer agent
Take registered shares
BingX partner
Sell your token for cash
PIPO P2P
Sell on our own venue, subject to DASP
3 years and 1 month until expiry · 30 Sep 2029
Cashless exercise where the executed warrant permits it: you are never asked for extra exercise funding. Up to 0.8333 share per warrant under the $15 cap.
Key risks
- 01
The warrant may expire without value. Below the $2.50 strike the amount paid for the warrant portion is lost in full.
- 02
The share component tracks a Nasdaq micro-cap and can fall sharply. The value of your position can fall to zero.
- 03
XCFPU is a contractual claim against Capital Rights Holdings I Ltd. — not legal title to XCF shares and no voting rights; attributable proceeds are paid out under the Series S waterfall.
- 04
XCF Global, Inc. is not the issuer, seller or guarantor of XCFPU.
- 05
Secondary transfers are not available today. We aim to open the secondary market and the transfer agent by end of Fall 2026.
- 06
Settlement depends on the transfer agent, custody providers and network infrastructure, each of which can fail.
- 07
Regulatory treatment of tokenised securities may change, and future rules may restrict transfer, exercise or eligibility.
- 08
Tax treatment depends on your jurisdiction and is your own responsibility.
Get access
One share participation plus one-half warrant participation, at the indicative Issue Price. Round 1 runs 14–30 September 2026 with the +0.5 warrant bonus; Round 2, without the bonus, runs from 1 October to 6 November.
