other material
confidence high
sentiment negative
materiality 0.75
Splash Beverage receives $2.8M lender demand; two directors resign
SPLASH BEVERAGE GROUP, INC.
- Received demand letter from Decathlon Alpha IV LP for $2,833,395.98 under 2020 loan; disputes default.
- Directors Justin Yorke and Robert Nistico resigned effective April 21 and 24, 2026.
- Company entered consulting agreement with Nistico: $5k/month for 6 months, option for 250k shares contingent on Medterra CBD acquisition.
- Amended settlement agreements with three investors, extending $535,595 due to June 1, 2026, with 12% interest.