secwatch.observer — SEC 8-K summary
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Issuer:     SPLASH BEVERAGE GROUP, INC. (SBEV)
CIK:        0001553788
Form:       8-K
Filed at:   2025-11-14T23:59:59+00:00
Accession:  0001731122-25-001548
Event type: leadership
Sentiment:  negative
Materiality: 0.75
Item codes: 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Splash Beverage CFO resigns, issues $500K senior notes with 15% OID
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1553788/000173112225001548/0001731122-25-001548-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1553788/000173112225001548/e7040_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-25-001548

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer