secwatch.observer — SEC 8-K summary
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Issuer:     SPLASH BEVERAGE GROUP, INC. (SBEV)
CIK:        0001553788
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001731122-24-000753
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Splash Beverage Group raises $1.85M via senior convertible notes and warrants
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- Issued $1,850,000 aggregate principal of senior secured convertible notes, convertible at $0.40/share into up to 4,625,000 shares.
- Issued 925,000 commitment shares of common stock and warrants to purchase up to 4,625,000 shares at $0.85/share, exercisable after 6 months until May 2029.
- Notes bear 12% annual interest, mature 18 months from issuance; gross proceeds of $1,850,000 received.
- Company agreed to file registration statement for shares underlying notes and warrants within 10 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1553788/000173112224000753/0001731122-24-000753-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1553788/000173112224000753/e5642_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-24-000753

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