leadership
confidence high
sentiment negative
materiality 0.75
Splash Beverage CFO resigns, issues $500K senior notes with 15% OID
SPLASH BEVERAGE GROUP, INC.
- CFO William Devereux resigns effective November 30, 2025.
- Borrowed $500,000 from two accredited investors via senior promissory notes.
- Notes have original principal amount of $588,235 (15% original issue discount).
- Notes mature Feb 12, 2025, accrue 6% interest, and include optional conversion rights in future offerings.