secwatch.observer — SEC 8-K summary
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Issuer:     AMERIGUARD SECURITY SERVICES, INC. (AGSS)
CIK:        0001514443
Form:       8-K
Filed at:   2025-07-14T23:59:59+00:00
Accession:  0001104659-25-067477
Event type: debt
Sentiment:  negative
Materiality: 0.90
Item codes: 2.04, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514443/000110465925067477/0001104659-25-067477-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514443/000110465925067477/tm2520142d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-067477

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