secwatch.observer — SEC 8-K summary
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Issuer:     SPLASH BEVERAGE GROUP, INC. (SBEV)
CIK:        0001553788
Form:       8-K
Filed at:   2025-04-03T23:59:59+00:00
Accession:  0001731122-25-000508
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Splash Beverage Group names new CFO and director, executes 1-for-40 reverse stock split for NYSE American listing
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- Appointed William Devereux as CFO effective March 20, 2025; previously CFO at Hembal Labs and Akin AI.
- Appointed Thomas Fore as director effective March 20, 2025; later joined Audit Committee on March 27.
- 1-for-40 reverse stock split effective March 27, 2025, to meet NYSE American minimum bid price requirement.
- Authorized shares reduced from 300M to 7.5M; outstanding from ~75.7M to ~1.89M; fractional shares rounded up.
- CUSIP for common stock changed to 84862C302 in connection with the split.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1553788/000173112225000508/0001731122-25-000508-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1553788/000173112225000508/e6482_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-25-000508

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