GLOBAL CLEAN ENERGY HOLDINGS, INC. : Other Events (form 8-K)

Item 8.01. Other Events
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On
April 28, 2023, Global Clean Energy Holdings, Inc. (the "Company") and
ExxonMobil Renewables LLC ("Exxon") jointly filed a stipulation in the Court of
Chancery of the State of Delaware pursuant to which the parties have agreed on
the scope of a voluntary document production by the Company for purposes of
resolving the books and records
complaint
under Section 220 of the Delaware General Corporation Law filed by Exxon on
March 1, 2023 (the "Stipulation to Resolve").  Pursuant to the Stipulation to
Resolve, the parties have agreed to hold the Company's deadline to respond to
Exxon's initial complaint
in abeyance while the Company completes its voluntary document production for
the agreed purpose of resolving the
action
.  The parties have agreed the Company shall begin producing documents on a
rolling basis beginning no later than May 12, 2023.

As

previously disclosed, while the Company believes the allegations described in
Exxon's
complaint
are without merit, the Company has entered into the Stipulation to Resolve with
the intention of resolving Exxon's
action
.  While the Company intends to comply with applicable law, the Stipulation to
Resolve is not an admission of liability by the Company, and is subject and
without prejudice to the Company's express reservation of rights in all regards.

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