{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-008306","form_type":"8-K","ticker":null,"cik":"0001802546","company_name":"KONA GOLD BEVERAGE, INC.","filed_at":"2023-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.634850+00:00","generated_at":"2026-06-17T22:24:27.489089+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Kona Gold Beverage issues $475K secured convertible note and 80M-share warrant to Mast Hill Fund","bullets":["Issued $475,000 senior secured convertible note to Mast Hill Fund, L.P.; net proceeds of $437,000 after fees.","Note bears 10% annual interest, matures in 12 months, convertible at $0.0045 per share.","Granted warrant to purchase up to 80,000,000 common shares at $0.0045 per share, exercisable for 5 years.","Monthly mandatory redemption based on case sales: $2 per 12-count case sold, starting May 10, 2023.","Note secured by all company assets, subordinate to prior debenture; conversion blocker at 4.99%."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-008306","json":"https://secwatch.observer/filing/0001493152-23-008306.json","markdown":"https://secwatch.observer/filing/0001493152-23-008306.md","text":"https://secwatch.observer/filing/0001493152-23-008306.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1802546/000149315223008306/0001493152-23-008306-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1802546/000149315223008306/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T22:24:27.489089+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":"d7e3ccc999786c32787c35965f3902eac6253792","claim":"KONA GOLD BEVERAGE, INC. incurred convertible notes of $475,000 at 10% maturing 12 months from its issuance date.","evidence_excerpt":"Pursuant to a Securities Purchase Agreement dated as of March 13, 2023 (the “SPA”), Kona Gold Beverage, Inc. (“our” or “we”), completed a private placement of a Senior Secured Promissory Note (the “Senior Note”) with an initial principal amount of $475,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1802546/000149315223008306/0001493152-23-008306-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$475,000"},{"label":"Rate","value":"10%"},{"label":"Maturity","value":"12 months from its issuance date"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"9712362c8f1b5f314135267e48cf2653a85ae900","claim":"KONA GOLD BEVERAGE, INC. entered into Securities Purchase Agreement valued at $475,000 (effective 2023-03-13).","evidence_excerpt":"Pursuant to a Securities Purchase Agreement dated as of March 13, 2023 (the “SPA”), Kona Gold Beverage, Inc. (“our” or “we”), completed a private placement of a Senior Secured Promissory Note (the “Senior Note”) with an initial principal amount of $475,000","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1802546/000149315223008306/0001493152-23-008306-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Value","value":"$475,000"},{"label":"Effective","value":"2023-03-13"}],"fact_type":"material_agreement"},{"claim_id":"b47edbd0a163e0b98dc7bf0c18acc9a7bb1823d7","claim":"KONA GOLD BEVERAGE, INC. entered into Security Agreement.","evidence_excerpt":"greement (the “Security Agreement”) with and in favor of the Investor. Our subsidiaries are also parties to the Security","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1802546/000149315223008306/0001493152-23-008306-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}