other material
confidence high
sentiment neutral
materiality 0.60
Splash Beverage terminates $600K options, issues common and Series D convertible preferred
SPLASH BEVERAGE GROUP, INC.
- Terminated options to purchase $600,000 of common stock; issued 113,636 common shares and 1,136 Series D shares.
- Series D convertible into 100 common shares per preferred share, subject to NYSE American rules and beneficial ownership limits.
- Company filed Certificate of Designations for 50,000 Series D shares; holders vote on as-converted basis with common stock.