---
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"
generated_at: "2026-05-16T07:56:15.672643+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Splash Beverage Group issues $525K promissory note to investor in lieu of equity commitment shares

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-26-000123
- JSON: https://secwatch.observer/filing/0001731122-26-000123.json
- Plain text: https://secwatch.observer/filing/0001731122-26-000123.txt

## Key facts
- Material Agreements
  SPLASH BEVERAGE GROUP, INC. entered into Letter Agreement with C/M Capital Master Fund, LP valued at $525,000 (effective 2026-01-26).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: C/M Capital Master Fund, LP
  - Value: $525,000
  - Effective: 2026-01-26
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1553788/000173112226000123/0001731122-26-000123-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.