{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-24-001643","form_type":"8-K","ticker":"SBEV","cik":"0001553788","company_name":"SPLASH BEVERAGE GROUP, INC.","filed_at":"2024-10-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.769956+00:00","generated_at":"2026-05-30T11:37:45.557184+00:00","sec_items":["1.01","2.03","2.04","3.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Splash Beverage receives default notice on $3.7M in convertible notes; interest jumps to 18%","bullets":["On Sep 26, 2024, lenders declared default on Sep 2023 ($1.25M), May 2024 ($1.85M) and Aug 2024 ($0.6M) notes for missed registration filing.","Default triggers 18% interest rate on all three notes; company may face material adverse effect on liquidity and could become insolvent.","New $4M convertible note offering closed $5M so far (target $10-12M); notes bear 9% interest, convert at $0.35, warrants at $0.4375.","Conversion prices on Sep and May notes adjusted to $0.25; Aug note conversion adjusted to $0.30 under antidilution provisions.","Company is attempting to resolve defaults but cannot guarantee favorable terms; no enforcement action taken to date."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-24-001643","json":"https://secwatch.observer/filing/0001731122-24-001643.json","markdown":"https://secwatch.observer/filing/0001731122-24-001643.md","text":"https://secwatch.observer/filing/0001731122-24-001643.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1553788/000173112224001643/0001731122-24-001643-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1553788/000173112224001643/e6016_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T11:37:45.557184+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}