---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-027492"
form_type: "8-K"
ticker: "NBND"
cik: "0001725911"
company_name: "NetBrands Corp."
filed_at: "2021-11-08T23:59:59+00:00"
generated_at: "2026-06-28T11:38:17.999612+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Global Diversified Marketing enters equity line for up to $5M with Williamsburg Venture Holdings

## Summary
- Company may sell up to $5M in common stock over 12 months at 90% of VWAP, subject to volume limits.
- Issued 50,000 commitment shares to investor; maximum per put is the lower of $500K or 200% of average daily volume.
- Registration filing due by Dec 31, 2021; beneficial ownership capped at 4.99% for investor.
- Company can terminate agreement at any time with no cost or penalty.
- Liquidated damages of $25,000 if CEO/CFO Paul Adler resigns or is removed.

## SEC filing metadata
- accession: 0001493152-21-027492
- form_type: 8-K
- ticker: NBND
- cik: 0001725911
- company_name: NetBrands Corp.
- filed_at: 2021-11-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1725911/000149315221027492/0001493152-21-027492-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1725911/000149315221027492/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-027492
- JSON: https://secwatch.observer/filing/0001493152-21-027492.json
- Plain text: https://secwatch.observer/filing/0001493152-21-027492.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.