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BCS

Current Report · Items 1.01, 2.03, 9.01 · 8-K

Brownie's Marine Group, Inc.

BWMGOTCEQUITYCurrent

Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement

Item Entry 1.01 into a Material Definitive Agreement. As of June 11, 2025, Brownie’s Marine Group, Inc., a Florida corporation (the “Company”), and Charles Hyatt, a member of the Company’s board of directors (“Hyatt”), executed (a) a second amendment to a promissory note in the principal amount of $150,000, which was originally issued by the Company to Hyatt on November 7, 2023 (the “2023 Note”),…

Filed Jun 16, 2025Accepted Jun 16, 2025, 10:51 AM EDTCIK 1166708Accession 0001641172-25-015205
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Company context

Current securities

Recent company filings

  1. 10-Q filingNov 4, 2026
  2. 10-Q/A filingSep 10, 2026
  3. 10-Q/A filingAug 24, 2026
  4. Non-Reliance on Previously Issued Financial Statements or a Related Audit ReportAug 24, 2026
  5. 10-Q filingAug 4, 2026

Disclosure sections

Items 1.01, 2.03, 9.01

Select an item to read the extracted section. The as-filed document remains the primary evidence.

Item 1.01Item 1.01 - Entry into Material Agreement
Item Entry 1.01 into a Material Definitive Agreement. As of June 11, 2025, Brownie’s Marine Group, Inc., a Florida corporation (the “Company”), and Charles Hyatt, a member of the Company’s board of directors (“Hyatt”), executed (a) a second amendment to a promissory note in the principal amount of $150,000, which was originally issued by the Company to Hyatt on November 7, 2023 (the “2023 Note”), to further extend the 2023 Note’s maturity date from May 7, 2025 to November 7, 2025, and (b) a second amendment to a promissory note in the principal amount of $280,000, which was originally issued by the Company to Hyatt on February 5, 2024 (the “2024 Note”), to further extend the 2024 Note’s maturity date from May 5, 2025 to November 5, 2025. Except as specifically amended by the amendments, the terms and conditions of the 2023 Note and 2024 Note remain in full force and effect. The foregoing descriptions of the second amendments to the 2023 Note and 2024 Note are qualified in their entirety by reference to the full text of such documents, copies of which are attached to this report as Exhibits 4.1 and 4.2, respectively, and are incorporated herein by reference.
Item 2.03Item 2.03 - Creation of Direct Financial Obligation
Item Creation 2.03 of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Reference is made to the disclosure set forth under Item 1.01 above, which disclosure is incorporated herein by reference.
Filed exhibits (2)

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