---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-014976"
form_type: "8-K"
ticker: null
cik: "0001802546"
company_name: "KONA GOLD BEVERAGE, INC."
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T05:14:41.053816+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Kona Gold Beverage raises $230,000 via senior secured note and warrant

## Summary
- Issued $230,000 Senior Secured Note, 12-month maturity, 10% interest, convertible at $0.004/share.
- Granted warrant for 43,600,000 shares at $0.004/share, 5-year term, cashless exercise permitted.
- Net proceeds $211,600 after $21,900 in fees (8% OID and legal costs); $6,400 paid to JH Darbie & Co.
- Note secured by all assets (subordinate to prior debenture); mandatory redemption $2.00 per case of beverages sold monthly.

## SEC filing metadata
- accession: 0001493152-23-014976
- form_type: 8-K
- cik: 0001802546
- company_name: KONA GOLD BEVERAGE, INC.
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1802546/000149315223014976/0001493152-23-014976-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1802546/000149315223014976/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-014976
- JSON: https://secwatch.observer/filing/0001493152-23-014976.json
- Plain text: https://secwatch.observer/filing/0001493152-23-014976.txt

## Key facts
- Debt Financings
  KONA GOLD BEVERAGE, INC. incurred senior notes of $230,000 at 10% maturing 12 months from its issuance date.
  - Instrument: senior notes
  - Principal: $230,000
  - Rate: 10%
  - Maturity: 12 months from its issuance date
  - Event: incurrence
  source text: Pursuant to a Securities Purchase Agreement dated as of April 25, 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 $230,000 and the grant of a common stock purchase Warrant (the “Warrant”) that is exercisable for the purchase of up to an aggregate of 43,600,000 shares (the “Warrant Shares”) of our Common Stock with a third-party investor (the “Investor”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802546/000149315223014976/0001493152-23-014976-index.htm
- Material Agreements
  KONA GOLD BEVERAGE, INC. entered into Securities Purchase Agreement with a third-party investor valued at $230,000 (effective 2023-04-25).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: a third-party investor
  - Value: $230,000
  - Effective: 2023-04-25
  source text: Pursuant to a Securities Purchase Agreement dated as of April 25, 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 $230,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802546/000149315223014976/0001493152-23-014976-index.htm
- Material Agreements
  KONA GOLD BEVERAGE, INC. entered into Security Agreement with the Investor (effective 2023-04-25).
  - Action: entry
  - Counterparty: the Investor
  - Effective: 2023-04-25
  source text: In addition, to secure our obligations to the Investor under the Senior Note, we also entered into a Security Agreement (the “Security Agreement”) with and in favor of the Investor.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802546/000149315223014976/0001493152-23-014976-index.htm

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