regulatory
confidence high
sentiment negative
materiality 0.85
NYSE American notifies Splash Beverage of non-compliance with $6M equity listing standard
SPLASH BEVERAGE GROUP, INC.
- Received NYSE American notice on June 5, 2024, for non-compliance under Section 1003(a)(iii) requiring $6M stockholders' equity.
- Company has reported losses in five most recent fiscal years triggering this standard.
- Deadline to regain compliance is April 6, 2025, under existing plan; delisting procedures may commence if not met.
- Previously disclosed non-compliance with $2M and $4M equity standards in 2023; this is an additional deficiency.