---
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"
generated_at: "2026-05-27T03:27:08.792259+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Splash Beverage signs updated LOI to acquire Western Son Vodka via stock-for-equity

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-25-000166
- JSON: https://secwatch.observer/filing/0001731122-25-000166.json
- Plain text: https://secwatch.observer/filing/0001731122-25-000166.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.