{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-25-001440","form_type":"8-K/A","ticker":"SBEV","cik":"0001553788","company_name":"SPLASH BEVERAGE GROUP, INC.","filed_at":"2025-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.722184+00:00","generated_at":"2026-05-17T02:10:22.206977+00:00","sec_items":["5.02","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Splash Beverage adopts 2025 equity plan (15% of shares) and amends bylaws","bullets":["Board approved 2025 Equity Incentive Plan on Sept. 25, 2025, pending shareholder approval.","Plan authorizes up to 15% of fully diluted shares, with 5% annual evergreen increases through Jan. 2032.","Bylaws amended: quorum reduced to one-third of outstanding voting power; voting standard changed to majority of votes cast.","Bylaw amendments also define CEO/President roles and eliminate special notice timing for authorized share increases."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-25-001440","json":"https://secwatch.observer/filing/0001731122-25-001440.json","markdown":"https://secwatch.observer/filing/0001731122-25-001440.md","text":"https://secwatch.observer/filing/0001731122-25-001440.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1553788/000173112225001440/0001731122-25-001440-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1553788/000173112225001440/e6972_8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:10:22.206977+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":"b3bc807dba40d7dbb699c2275ea21ba8623aad25","claim":"SPLASH BEVERAGE GROUP, INC.: Amended bylaws to change quorum requirement to one-third of outstanding voting power, majority vote standard, clarify CEO/President roles, and remove special notice timing for authorized share increases (effective 2025-09-25).","evidence_excerpt":"On September 25, 2025, the Board approved and adopted amendments to the Company’s Bylaws (the “Amendments”). The Bylaw Amendments are summarized as follows: (i) provide that the quorum requirement for shareholders’ meetings shall be one-third of the outstanding voting power; and (ii) provide that if a quorum is present, the affirmative vote of a majority of votes cast shall be an act of the shareholders unless a different voting standard is required by applicable law; (iii) provide for roles and duties of the Chief Executive Officer and President which are consistent with the Company’s current management structure and (iv) remove a special notice timing requirement for the mailing of notice relating to an increase in authorized shares. The Amendments became effective upon their adoption on September 25, 2025.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1553788/000173112225001440/0001731122-25-001440-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2025-09-25"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}