secwatch.observer — SEC 8-K summary
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Issuer:     SPLASH BEVERAGE GROUP, INC. (SBEV)
CIK:        0001553788
Form:       8-K
Filed at:   2026-01-26T23:59:59+00:00
Accession:  0001731122-26-000123
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1553788/000173112226000123/0001731122-26-000123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1553788/000173112226000123/e7255_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-26-000123

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