{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-25-001300","form_type":"8-K","ticker":"SBEV","cik":"0001553788","company_name":"SPLASH BEVERAGE GROUP, INC.","filed_at":"2025-09-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.336842+00:00","generated_at":"2026-05-17T05:39:53.339076+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Splash Beverage raises $2M convertible debt, enters $35M ELOC; licenses Copa Di Vino IP, settles litigation","bullets":["Received $2M from two institutional investors via $2.2M OID secured convertible notes due Sept 2026; conversion price lower of $1.75 or $0.01 above closing.","Entered $35M equity line of credit (ELOC) with one investor; sales limited to 19.99% of outstanding until shareholder approval by Oct 31, 2025.","Granted exclusive license of Copa Di Vino wine IP to CdV; Splash has option to buy back IP by Oct 4, 2025 for ~$1.75-2.25M.","Settled two lawsuits with CdV agreeing to pay $673,007 plus 12% interest; monthly installments of $62,726 start Nov 4, 2025.","Shareholder meeting required by Oct 31, 2025 for approval of share issuances under NYSE American rules."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-25-001300","json":"https://secwatch.observer/filing/0001731122-25-001300.json","markdown":"https://secwatch.observer/filing/0001731122-25-001300.md","text":"https://secwatch.observer/filing/0001731122-25-001300.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1553788/000173112225001300/0001731122-25-001300-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1553788/000173112225001300/e6867_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:39:53.339076+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":[{"claim_id":"da53291a859a1004a68f207835430d865f9a2dab","claim":"SPLASH BEVERAGE GROUP, INC. issued convertible note to two institutional investors for $2,000,000.","evidence_excerpt":"the Company received $2,000,000 on September 22, 2025 and that day issued to the Investors Original Issue Discount Secured Convertible Promissory Notes","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1553788/000173112225001300/0001731122-25-001300-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"convertible note"},{"label":"Purchaser","value":"two institutional investors"},{"label":"Consideration","value":"$2,000,000"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}