---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-002837"
form_type: "8-K"
ticker: null
cik: "0001802546"
company_name: "KONA GOLD BEVERAGE, INC."
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T22:02:04.734498+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Kona Gold reduces authorized common shares from 10.5B to 5.614B; designates Series E preferred

## Summary
- Authorized common shares decreased to 5,614,000,000 from 10,500,000,000 via Delaware amendment filed Dec 30, 2023.
- 8,000,000 shares of Series E Preferred Stock designated via Certificate of Designation filed Nov 30, 2023.
- Both amendments are to the company's amended and restated certificate of incorporation.

## SEC filing metadata
- accession: 0001493152-24-002837
- form_type: 8-K
- cik: 0001802546
- company_name: KONA GOLD BEVERAGE, INC.
- filed_at: 2024-01-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1802546/000149315224002837/0001493152-24-002837-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1802546/000149315224002837/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-002837
- JSON: https://secwatch.observer/filing/0001493152-24-002837.json
- Plain text: https://secwatch.observer/filing/0001493152-24-002837.txt

## Key facts
- Governance Changes
  KONA GOLD BEVERAGE, INC.: Decreased authorized common stock from 10,500,000,000 to 5,614,000,000 shares (effective 2023-12-30).
  - Change: charter amendment
  - Effective: 2023-12-30
  source text: On December 30, 2023, Kona Gold Beverage, Inc. (the “Company”). filed with the Secretary of State of the State of Delaware a Certificate of Amendment to its amended and restated Certificate of Incorporation (the “Certificate of Amendment”) to decrease the number of the Company’s authorized shares of common stock, par value $0.00001 per share (the “Common Stock”), from ten billion five hundred million (10,500,000,000) shares to five billion six hundred fourteen million (5,614,000,000) shares.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802546/000149315224002837/0001493152-24-002837-index.htm
- Governance Changes
  KONA GOLD BEVERAGE, INC.: Filed Series E Certificate of Designation to designate 8,000,000 shares of Series E Preferred Stock (effective 2023-11-30).
  - Change: charter amendment
  - Effective: 2023-11-30
  source text: On November 30, 2023, the Company filed with the Secretary of State of the State of Delaware a Certificate of Designation of the Preferences, Rights, and Limitations of the Series E Preferred Stock (the “Series E Certificate of Designation”) to designated 8,000,000 shares of such, par value $0.00001 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802546/000149315224002837/0001493152-24-002837-index.htm

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