---
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"
generated_at: "2026-05-17T05:39:53.339076+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Splash Beverage raises $2M convertible debt, enters $35M ELOC; licenses Copa Di Vino IP, settles litigation

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-25-001300
- JSON: https://secwatch.observer/filing/0001731122-25-001300.json
- Plain text: https://secwatch.observer/filing/0001731122-25-001300.txt

## Key facts
- Equity Issuances
  SPLASH BEVERAGE GROUP, INC. issued convertible note to two institutional investors for $2,000,000.
  - Security: convertible note
  - Purchaser: two institutional investors
  - Consideration: $2,000,000
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1553788/000173112225001300/0001731122-25-001300-index.htm

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