{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-021644","form_type":"8-K","ticker":null,"cik":"0001802546","company_name":"KONA GOLD BEVERAGE, INC.","filed_at":"2023-06-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.665745+00:00","generated_at":"2026-06-13T23:04:00.470931+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 $55,706 secured convertible note and warrant to Mast Hill Fund","bullets":["Principal amount $55,706.52; net proceeds ~$51,250 after 8% OID and fees.","Note convertible at $0.004/share, 10% interest, 12-month maturity, secured by company assets.","Warrant to purchase 20,889,945 shares at $0.003/share, exercisable for 5 years, cashless exercise.","Monthly mandatory redemption of $2 per 12-count case sold (based on GAAP revenue, 2 months arrears)."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-021644","json":"https://secwatch.observer/filing/0001493152-23-021644.json","markdown":"https://secwatch.observer/filing/0001493152-23-021644.md","text":"https://secwatch.observer/filing/0001493152-23-021644.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1802546/000149315223021644/0001493152-23-021644-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1802546/000149315223021644/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T23:04:00.470931+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":"1ee1687a12e416c7317ec31c3d8b2bf9bbbe7500","claim":"KONA GOLD BEVERAGE, INC. incurred senior notes of $55,706.52 with third-party investor at 10% maturing 12 months from its issuance date.","evidence_excerpt":"a Senior Secured Promissory Note (the \"Senior Note\") with an initial principal amount of $55,706.52","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1802546/000149315223021644/0001493152-23-021644-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$55,706.52"},{"label":"Counterparty","value":"third-party investor"},{"label":"Rate","value":"10%"},{"label":"Maturity","value":"12 months from its issuance date"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ae8cb36953f8b0f72f65034b33f2671ef4946c8f","claim":"KONA GOLD BEVERAGE, INC. entered into \"SPA\" with a third-party investor (the \"Investor\") valued at $55,706.52 (effective 2023-06-14).","evidence_excerpt":"Pursuant to a Securities Purchase Agreement dated as of June 14, 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 $55,706.52","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1802546/000149315223021644/0001493152-23-021644-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"a third-party investor (the \"Investor\")"},{"label":"Value","value":"$55,706.52"},{"label":"Effective","value":"2023-06-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}