Ameriguard receives default notice on $7M credit line; unable to meet July payroll

AMERIGUARD SECURITY SERVICES, INC.

Received Event of Default notice on $7M revolving credit facility from List Government Receivables Fund, LLC on July 1, 2025.
Outstanding balance $5,845,900; incremental 4.75% interest accrues from June 12, 2025.
Requested $981,816 draw for July 10 payroll denied by lender due to default.
Company states it cannot satisfy July 10, 2025 payroll obligation, materially adversely affecting results.
Default triggered by lender deeming itself insecure under Section 21(e) due to material change in business/financial condition.

item 2.04item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.