secwatch.observer — SEC 8-K summary
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Issuer:     SPLASH BEVERAGE GROUP, INC. (SBEV)
CIK:        0001553788
Form:       8-K/A
Filed at:   2025-11-17T23:59:59+00:00
Accession:  0001731122-25-001560
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Splash Beverage amends note maturity to Feb 2026; issues $588K senior notes with 15% OID
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- Borrowed $500,000 from two accredited investors; issued senior promissory notes with aggregate principal amount of $588,235.30 (15% original issue discount).
- Notes mature on February 12, 2026 (corrected from previously reported year); accrue interest at 6% starting 30 days after issuance.
- Holders may elect to apply outstanding principal and accrued interest as purchase consideration in future equity or debt offerings at fair value.
- Notes contain customary events of default leading to acceleration of maturity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1553788/000173112225001560/0001731122-25-001560-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1553788/000173112225001560/e7051_8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001731122-25-001560

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