Announcement • Aug 13
Bemax Inc. (OTCPK:BMXC) completed the acquisition of Kona Gold LLC from NuVibe, Inc. (OTCPK:KGKG). Bemax Inc. (OTCPK:BMXC) signed a letter of intent to acquire Kona Gold LLC from NuVibe, Inc. (OTCPK:KGKG) on August 6, 2024.The acquisition is subject to customary closing conditions and regulatory approvals. Bemax anticipates completing the transaction in the coming months, with integration efforts commencing immediately thereafter.
Bemax Inc. (OTCPK:BMXC) completed the acquisition of Kona Gold LLC from NuVibe, Inc. (OTCPK:KGKG) on August 12, 2024. Kona Gold Beverage Inc. has finalized the sale of Kona Gold, LLC. This strategic move is part of our broader plan to divest previous subsidiaries and allow the company to start anew with a reimagined team, direction, and a new name: NuVibe, Inc. Announcement • Aug 07
Bemax Inc. (OTCPK:BMXC) signed a letter of intent to acquire Kona Gold LLC from NuVibe, Inc. (OTCPK:KGKG). Bemax Inc. (OTCPK:BMXC) signed a letter of intent to acquire Kona Gold LLC from NuVibe, Inc. (OTCPK:KGKG) on August 6, 2024.The acquisition is subject to customary closing conditions and regulatory approvals. Bemax anticipates completing the transaction in the coming months, with integration efforts commencing immediately thereafter. Announcement • Apr 17
Kona Gold Beverage, Inc. (OTCPK:KGKG) acquired Surge Distribution Company, LLC from Loud Beverage Group Inc. (OTCPK:LBEV) for $1.5 million. Kona Gold Beverage, Inc. (OTCPK:KGKG) acquired Surge Distribution Company, LLC from Loud Beverage Group Inc. (OTCPK:LBEV) for $1.5 million on April 16, 2024. Under the terms of the agreement, Kona Gold Beverage will purchase Surge Distribution for $1.5 million in preferred stock from Loud Beverage Group. Additionally, shareholders of Loud Beverage Group will benefit from a generous 1:1 dividend of Kona Gold Beverage's common stock. Surge Distribution seamlessly transitions into the fold of Kona Gold Beverages, Inc., operating as a wholly owned subsidiary.
Kona Gold Beverage, Inc. (OTCPK:KGKG) completed the acquisition of Surge Distribution Company, LLC from Loud Beverage Group Inc. (OTCPK:LBEV) on April 16, 2024. Announcement • Apr 10
Kona Gold Beverage, Inc. Provides Revenue Guidance for the Second Quarter and Six Months of 2024 Kona Gold Beverage, Inc. provided revenue guidance for the second quarter and six months of 2024. The company is currently in negotiations to acquire a company in the beverage sector that recently achieved over $700,000 in the first quarter and has shown month-over-month revenue growth over the last five months. This acquisition could potentially add another $1 million in revenue for the second quarter of 2024, pushing the second quarter of revenue projections to over $3 million.The company is on track to surpass all of 2023's revenue of approximately $3 million in just the first two quarters of 2024. Announcement • Feb 20
Kona Gold Beverages, Inc. Unveils Exciting Rebranding: Introducing HighDrate D9 Seltzer Drink Line Kona Gold Beverage, Inc. announce a significant transformation in its product lineup with the launch of HighDrate D9 Seltzer Drink line. This rebranding marks a strategic shift towards innovation and meeting evolving consumer preferences. The HighDrate line has cultivated an incredibly loyal following among consumers, demonstrating its potential as a valuable asset for Kona Gold. Recognizing the significance of this consumer loyalty, the company's new management team has made the strategic decision to preserve and revitalize the line. By rebranding it as a healthier option tailored to meet evolving consumer preferences, aim not only to preserve its existing customer base but also to attract new segments of health-conscious consumers. are confident that this initiative will contribute significantly to the growth and revenues of company, thereby enhancing shareholder value. The new HighDrate D9 Seltzer Drink line replaces the HighDrate's CBD Energy Waters, offering consumers a refreshing and exhilarating experience with each sip. Infused with 10mg of THC, derived from premium hemp sources, HighDrate D9 Seltzer Drinks deliver a unique blend of relaxation and enjoyment without the presence of alcohol. Crafted with natural and organic flavorings, real cane sugar, and a dash of citric acid, HighDrate D9 Seltzer Drinks boast a delightful taste profile that captivates the senses. With only 7 grams of cane sugar per 12 oz. serving, each sip ensures a guilt-free indulgence, containing a total carb count of 7 grams and a mere 25 calories per serving. HighDrate D9 Seltzer Drinks will debut in two tantalizing flavors: Blue Raspberry and Piña Colada, each encapsulating the essence of summer in a slim can style. The initial production run will consist of 10,000 units of each flavor, ensuring ample availability for eager consumers. Despite the swift turnaround time of 3-4 weeks, the company remains dedicated to crafting an eye-catching can design that stays true to the iconic HighDrate logo. Moreover, HighDrate D9 Seltzer Drinks uphold Kona Gold Beverages, Inc.'s commitment to ethical sourcing and consumer satisfaction. All products in the HighDrate line are vegan, gluten-free, and made with the finest ingredients to guarantee a premium beverage experience. Announcement • Dec 01
Kona Gold Beverage, Inc. Announces Resignation of Matthew Crystal as Director Kona Gold Beverages, Inc. announced that Matthew Crystal resigned from his position as Director, which resignation was effective On November 1, 2023. Mr. Crystal’s resignation was not the result of any disagreement between the Company and him on any matter relating to the Company’s operations, policies, or practices. Announcement • Nov 09
Kona Gold Beverage, Inc. Files Form 15 Kona Gold Beverage, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Stock under the Securities Exchange Act of 1934, as amended. The par value of the company's Common Stock was $0.00001 per share. Announcement • Aug 17
Kona Gold Beverage, Inc. announced delayed 10-Q filing On 08/15/2023, Kona Gold Beverage, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • May 20
Kona Gold Beverage, Inc. has withdrawn its IPO in the amount of $14 million. Kona Gold Beverage, Inc. has withdrawn its IPO in the amount of $14 million.
Security Name: Common Stock
Security Type: Common Stock
Security Name: Pre-funded Warrants
Security Type: Equity Warrant Announcement • Jan 05
Kona Gold Beverage, Inc. Announces the Resignation of William J. Outlaw as Director On December 31, 2022, Mr. William J. Outlaw resigned from his position as Director of Kona Gold Beverages, Inc. which resignation was effective on that date. Announcement • Sep 01
Kona Gold Beverage, Inc. has filed an IPO in the amount of $14 million. Kona Gold Beverage, Inc. has filed an IPO in the amount of $14 million.
Security Name: Common Stock
Security Type: Common Stock
Security Name: Pre-funded Warrants
Security Type: Equity Warrant Announcement • May 06
Kona Gold Beverage, Inc. announced that it has received $0.5 million in funding from Yorkville Advisors Global LP On May 4, 2022,Kona Gold Beverage, Inc. closed. The company paid less $25,000 in fees, which consisted of a 4% “original issue discount” of $20,000 and due diligence and structuring fees of $5,000 Announcement • Apr 01
Kona Gold Beverage, Inc. announced delayed annual 10-K filing On 03/31/2022, Kona Gold Beverage, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Announcement • Jan 13
Kona Gold Beverage, Inc. Provides Earnings Guidance for the Full Year 2022 Kona Gold Beverage, Inc. provided revenue guidance for the full year 2022. For the year, the company has set revenue projections of $8 million - $10 million for 2022. Announcement • Dec 07
Kona Gold Beverage, Inc Launches New Line of Beverages, Ooh La Lemin Sparkling Lemonade Kona Gold Beverage, Inc. announced it has developed and will be launching a new line of beverages, Ooh La Lemin Sparkling Lemonade, which will launch in early First Quarter of 2022. Ooh La Lemin Sparkling will be produced in 12oz sleek cans; it will be made with all natural ingredients; it is gluten and GMO free; and it has 10 low calories. Ooh La Lemin Sparkling will be available in six delicious flavors: Blue Raspberry, Citrus Splash, Cucumber Watermelon, Huckleberry, Original, and Pineapple Mango. The Sparkling Water category is one of the fastest growing categories in beverage, and Kona Gold identified an opportunity to take advantage of that by creating the first shelf stable, all-natural, sparkling, and low-calorie lemonade in the market. Sales in the non-Alcohol Sparkling Water category in the USA will be close to $34 Billion USD in 2021, and the category is expected to double again within the next 2-4 years. Kona Gold has already received commitments from distributors for its Ooh La Lemin Sparkling Lemonades. Additionally, the Company has several meetings set up in the next two months with large distributors and big box stores interested in selling the Company's new Sparkling Lemonades. Announcement • Aug 18
Kona Gold Beverage, Inc. announced delayed 10-Q filing On 08/17/2021, Kona Gold Beverage, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Apr 18
Kona Gold Beverage, Inc. Provides Earnings Guidance for the Year 2021 Kona Gold Beverage, Inc. provided earnings guidance for the year 2021. The company has set revenue projections of $2.5-$3 million for 2021. Announcement • Apr 02
Kona Gold Beverage, Inc. announced delayed annual 10-K filing On 03/31/2021, Kona Gold Beverage, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Announcement • Mar 16
Kona Gold Beverage, Inc. Receives Biggest Purchase Order to Date from New Convenience Store Chain Kona Gold Beverage, Inc. announced the Company has received its biggest purchase order to date in March. The purchase order amount was over $62,000 for the Company's OOH LA Lemin Lemonade brand. The Purchase Order is from a new vendor with over 800 convenience retail stores located in the eastern united states. OOH LA Lemin will be going into the vendors 200 plus stores in Florida, and an additional 200 plus stores in the southeast united states. Kona Gold Beverage recently announced in February 2021 that revenues from the Company's subsidiaries were the highest monthly revenues when compared to the previous monthly revenues over the last 15 months. The Company is currently on track and anticipates beating February revenue numbers in March 2021. Announcement • Feb 10
Kona Gold Beverage, Inc. Signs Distribution Agreement with Lipman Brothers to Distribute OOH LA Lemin in Tennessee Kona Gold Beverage, Inc. announced that it has signed a distribution agreement with Tennessee based Lipman Brothers. Lipman Brothers will distribute OOH LA Lemin throughout the state of Tennessee for the Company. Announcement • Feb 03
Kona Gold Beverage, Inc. Announces Distribution Expansion with The Odom Corporation Kona Gold Beverage, Inc. announced the expansion of OOH LA Lemin's distribution footprint with The Odom Corporation. Odom currently distributes OOH LA Lemin in the states of Washington and Oregon. Kona Gold Beverage plans to launch a cooler program where OOH LA Lemin will have 8 facings (1 full shelf) in 120 of Odom's top independent accounts. Announcement • Jan 26
Kona Gold Beverage, Inc. (OTCPK:KGKG) acquired S&S Beverage, Inc. Kona Gold Beverage, Inc. (OTCPK:KGKG) acquired S&S Beverage, Inc. on January 25, 2021. Kona Gold Beverage acquired S&S Beverage through a combination of cash and stock. The founder and creator of LEMIN, Bill Stineman, will join the Kona Gold team as Vice President of Product Management and Innovation.
Kona Gold Beverage, Inc. (OTCPK:KGKG) completed the acquisition of S&S Beverage, Inc. on January 25, 2021. Announcement • Aug 06
Kona Gold Solutions, Inc. announced that it expects to receive $0.96 million in funding from Yorkville Advisors Global LP Kona Gold Solutions, Inc. (OTCPK:KGKG) announced that it has entered into securities purchase agreement with YA II PN, Ltd., a fund managed by Yorkville Advisors Global LP for a best efforts private placement of 3 secured convertible debentures for gross proceeds of $960,000 on May 14, 2020. The debentures are redeemable, are secured by a security interest in all of the assets of the company and its subsidiaries, and will be issued at a discount of 4% on the principal amount of $1,000,000. The debentures will bear fixed interest of 8% per annum, have a maturity period of 12 months from the issuance date, and are convertible at a price which is lower of $0.05 per share and 80% of the lowest daily volume weighted average price of the company’s shares during the 15 trading days immediately preceding the conversion date. The company will also issue to the investor a warrant to purchase 20,000,000 common shares at an exercise price of $0.05 per share until May 14, 2023.
The company will raise the funding in three tranches. The first tranche of one $250,000 debenture for proceeds of $240,000 will close within 1 business day following the agreement date, the second tranche of one $250,000 debenture for proceeds of $240,000 will close within 1 business day following the date of the filing of a registration statement, and a third tranche of one $500,000 debenture for proceeds of $480,000 will close within 1 business day of the registration statement being declared effective by the SEC. The company will issue securities pursuant to exemption provided under Section 4(2) and/or Rule 506 of Regulation D. 