secwatch.observer — SEC 8-K summary
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Issuer:     KONA GOLD BEVERAGE, INC. (—)
CIK:        0001802546
Form:       8-K
Filed at:   2023-02-17T23:59:59+00:00
Accession:  0001493152-23-005497
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kona Gold Beverage increases authorized common stock from 2.5B to 10.5B shares; Series C Preferred up to 2,000
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- Authorized common stock increased from 2.5B to 10.5B shares (4x increase) via Certificate of Amendment.
- Series C Preferred designated shares increased from 250 to 2,000 shares (8x).
- Both amendments filed with Delaware Secretary of State on February 13, 2023; no immediate financial impact.
- Authorized share increase provides flexibility for potential future capital raising or acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1802546/000149315223005497/0001493152-23-005497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1802546/000149315223005497/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-005497

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