---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-032422"
form_type: "8-K"
ticker: "BWMG"
cik: "0001166708"
company_name: "Brownie's Marine Group, Inc"
filed_at: "2026-07-08T13:37:52+00:00"
generated_at: "2026-07-08T13:39:05.848503+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Brownie's Marine acquires Sunrise Paddleboards for 42M shares in asset purchase

## Summary
- Live Blue, a wholly-owned subsidiary, acquires substantially all assets of Sunrise Paddleboards LLC.
- Purchase price: 42,000,000 shares of Brownie's common stock at $0.0044/share, based on June 30 closing price.
- Sunrise Paddleboards provides paddleboarding and kayaking rentals, tours, retail, and training.
- Shares issued in private placement exempt from registration under Section 4(a)(2) of the Securities Act.
- Transaction structured as a tax-free reorganization under Section 368(a)(1)(C) of the Internal Revenue Code.

## SEC filing metadata
- accession: 0001493152-26-032422
- form_type: 8-K
- ticker: BWMG
- cik: 0001166708
- company_name: Brownie's Marine Group, Inc
- filed_at: 2026-07-08T13:37:52+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1166708/000149315226032422/0001493152-26-032422-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1166708/000149315226032422/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-032422
- JSON: https://secwatch.observer/filing/0001493152-26-032422.json
- Plain text: https://secwatch.observer/filing/0001493152-26-032422.txt

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