Majique Ladnier Acquires Controlling 36.2% Stake in XCF Global as Part of Three-Way Merger
Summary
Majique Ladnier, through entities she controls, has acquired a 36.2% beneficial ownership stake in XCF Global as part of the company's three-way merger, including a $2 million investment.
Key Events
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Controlling Stake Acquired
Majique Ladnier, through EEME Energy SPV I, LLC and other entities, now beneficially owns 144,274,860 shares, representing 36.2% of XCF Global's Class A Common Stock.
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Strategic Merger Connection
This acquisition is a key component of the previously announced three-way business combination involving XCF Global, DevvStream Corp., and Southern Energy Renewables Inc., where EEME is the sole shareholder of Southern Energy.
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Significant Investment
EEME Energy SPV I, LLC made a $2,000,001 investment in XCF Global on May 28, 2026, acquiring 13,166,220 shares at $0.15 per share.
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Lock-Up Agreement
EEME has entered into a lock-up agreement, committing to vote its shares in favor of the merger and restricting the sale of 57,809,018 shares until the merger closes or the agreement terminates, and a general 6-month lock-up post-closing.
Analysis
This Schedule 13D filing reveals that Majique Ladnier, through EEME Energy SPV I, LLC and other entities, has acquired a 36.2% beneficial ownership stake in XCF Global. This significant acquisition is a direct result of the ongoing three-way merger with DevvStream Corp. and Southern Energy Renewables Inc., where EEME is the 100% shareholder of Southern Energy. The filing also details a $2 million investment by EEME into XCF Global at $0.15 per share on May 28, 2026, and a lock-up agreement committing EEME to vote in favor of the merger and restrict share sales. This transaction is a critical step in the company's strategic restructuring, especially given its previously disclosed "going concern" warnings and substantial debt.
At the time of this filing, SAFX was trading at $0.48 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $163M. The 52-week trading range was $0.12 to $3.59. This filing was assessed with neutral market sentiment and an importance score of 9 out of 10.