{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-26-000123","form_type":"8-K","ticker":"SBEV","cik":"0001553788","company_name":"SPLASH BEVERAGE GROUP, INC.","filed_at":"2026-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.413042+00:00","generated_at":"2026-05-16T07:56:15.672643+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Splash Beverage Group issues $525K promissory note to investor in lieu of equity commitment shares","bullets":["On January 26, 2026, entered Letter Agreement with C/M Capital Master Fund, LP to replace Commitment Shares (0.5% of ELOC) with a promissory note.","Note initial principal $525,000, can increase to $700,000; bears no interest unless default (10% p.a.), matures January 26, 2028.","Note is subordinate to September 2025 notes; mandatory prepayments from ELOC net proceeds after first $3 million equal to 30% of further proceeds.","Investor waives any right to Commitment Shares under the September 2025 Securities Purchase Agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-26-000123","json":"https://secwatch.observer/filing/0001731122-26-000123.json","markdown":"https://secwatch.observer/filing/0001731122-26-000123.md","text":"https://secwatch.observer/filing/0001731122-26-000123.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1553788/000173112226000123/0001731122-26-000123-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1553788/000173112226000123/e7255_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T07:56:15.672643+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":"9b9aadeb1805877fb0c3e45599b1991c4ea34797","claim":"SPLASH BEVERAGE GROUP, INC. entered into Letter Agreement with C/M Capital Master Fund, LP valued at $525,000 (effective 2026-01-26).","evidence_excerpt":"On January 26, 2026, Splash Beverage Group, Inc., a Nevada corporation (the “Company”) entered into an agreement (the “Letter Agreement”) with C/M Capital Master Fund, LP (the “Investor”) which Investor is the counterparty to that certain Securities Purchase Agreement dated September 19, 2025 establishing an equity line of credit facility between the Company and the Investor (the “ELOC Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1553788/000173112226000123/0001731122-26-000123-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"C/M Capital Master Fund, LP"},{"label":"Value","value":"$525,000"},{"label":"Effective","value":"2026-01-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}