{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-067477","form_type":"8-K","ticker":"AGSS","cik":"0001514443","company_name":"AMERIGUARD SECURITY SERVICES, INC.","filed_at":"2025-07-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.184096+00:00","generated_at":"2026-05-18T06:39:03.738407+00:00","sec_items":["2.04","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Ameriguard receives default notice on $7M credit line; unable to meet July payroll","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-067477","json":"https://secwatch.observer/filing/0001104659-25-067477.json","markdown":"https://secwatch.observer/filing/0001104659-25-067477.md","text":"https://secwatch.observer/filing/0001104659-25-067477.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1514443/000110465925067477/0001104659-25-067477-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1514443/000110465925067477/tm2520142d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T06:39:03.738407+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"100a718fef255a52b75fa301650624da5cc36a6b","claim":"AMERIGUARD SECURITY SERVICES, INC. reported a default on revolving credit of aggregate maximum principal amount of $7,000,000 with List Government Receivables Fund, LLC at U.S. prime rate in effect from time to time (divided by 365) plus 0.0246%.","evidence_excerpt":"List Government Receivables Fund, LLC (the “Lender”). The Financing Agreement provides for a revolving line of credit for Borrower in the aggregate maximum principal amount of $7,000,000. Amounts advanced accrue interest daily at the U.S. prime rate in effect from time to time (divided by 365) plus 0.0246%. The current outstanding principal balance due is","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1514443/000110465925067477/0001104659-25-067477-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"aggregate maximum principal amount of $7,000,000"},{"label":"Counterparty","value":"List Government Receivables Fund, LLC"},{"label":"Rate","value":"U.S. prime rate in effect from time to time (divided by 365) plus 0.0246%"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}