{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-25-000166","form_type":"8-K","ticker":"SBEV","cik":"0001553788","company_name":"SPLASH BEVERAGE GROUP, INC.","filed_at":"2025-02-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.979219+00:00","generated_at":"2026-05-27T03:27:08.792259+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Splash Beverage signs updated LOI to acquire Western Son Vodka via stock-for-equity","bullets":["Updated LOI: Western Son shareholders receive restricted stock + ~10% cash; Splash assumes certain WSV debt obligations.","Deal expected to double Splash's peak trailing twelve-month revenue, significantly expanding financial footprint.","Replaces prior majority-cash proposal; CEO says equity exchange aligns interests and provides clearer path to close.","Transaction subject to definitive agreements, regulatory approval, and shareholder vote; target close this quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-25-000166","json":"https://secwatch.observer/filing/0001731122-25-000166.json","markdown":"https://secwatch.observer/filing/0001731122-25-000166.md","text":"https://secwatch.observer/filing/0001731122-25-000166.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1553788/000173112225000166/0001731122-25-000166-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1553788/000173112225000166/e6335_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T03:27:08.792259+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"}