secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMERIGUARD SECURITY SERVICES, INC. (AGSS)
CIK:        0001514443
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001104659-25-073727
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 1.02
LLM model:  deepseek-v4-flash:cloud@v2

AmeriGuard forfeits $15M in federal contracts after default notice from Legalist
--------------------------------------------------------------------------------

- Legalist (Government Receivables Fund) notified AGSS of default on July 1, 2025.
- AGSS voluntarily forfeited three SSA contracts on July 14, 2025, totaling $15,014,448 in annual revenue.
- Forfeited contracts: SSA Wilkes-Barre ($3.2M), Urbana ($6.3M), Durham ($5.5M).
- AGSS states forfeiture was due to funding disruption from Legalist, not performance issues.
- On July 28, 2025, an established guard company took over the contracts; AGSS assisting transition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514443/000110465925073727/0001104659-25-073727-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514443/000110465925073727/tm2522524d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-073727

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer