secwatch.observer — SEC 8-K summary
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Issuer:     SPLASH BEVERAGE GROUP, INC. (SBEV)
CIK:        0001553788
Form:       8-K
Filed at:   2023-01-03T23:59:59+00:00
Accession:  0001731122-23-000006
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Splash Beverage raises $4M via 12% convertible notes and warrants
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- Raised $4M from accredited investors via 12% convertible promissory notes due in 18 months; conversion price $1/share.
- Issued warrants to purchase up to 4M shares at $0.25/share, exercisable for 5 years from issuance date.
- Monthly conversion/exercise capped at 10% of total shares issuable under Notes and Warrants combined.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1553788/000173112223000006/0001731122-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1553788/000173112223000006/e4332_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-23-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer