---
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"
generated_at: "2026-06-13T23:04:00.470931+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Kona Gold Beverage issues $55,706 secured convertible note and warrant to Mast Hill Fund

## Summary
- 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).

## SEC filing metadata
- accession: 0001493152-23-021644
- form_type: 8-K
- cik: 0001802546
- company_name: KONA GOLD BEVERAGE, INC.
- filed_at: 2023-06-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-021644
- JSON: https://secwatch.observer/filing/0001493152-23-021644.json
- Plain text: https://secwatch.observer/filing/0001493152-23-021644.txt

## Key facts
- Debt Financings
  KONA GOLD BEVERAGE, INC. incurred senior notes of $55,706.52 with third-party investor at 10% maturing 12 months from its issuance date.
  - Instrument: senior notes
  - Principal: $55,706.52
  - Counterparty: third-party investor
  - Rate: 10%
  - Maturity: 12 months from its issuance date
  - Event: incurrence
  source text: a Senior Secured Promissory Note (the "Senior Note") with an initial principal amount of $55,706.52
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802546/000149315223021644/0001493152-23-021644-index.htm
- Material Agreements
  KONA GOLD BEVERAGE, INC. entered into "SPA" with a third-party investor (the "Investor") valued at $55,706.52 (effective 2023-06-14).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: a third-party investor (the "Investor")
  - Value: $55,706.52
  - Effective: 2023-06-14
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1802546/000149315223021644/0001493152-23-021644-index.htm

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