secwatch.observer — SEC 8-K summary
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Issuer:     SPLASH BEVERAGE GROUP, INC. (SBEV)
CIK:        0001553788
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001731122-26-000668
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 1.02, 3.01, 3.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Splash Beverage receives NYSE delisting notice; shareholders' equity negative $15.3M
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- NYSE notified Splash on April 29, 2026 that shareholders' equity was ($15.3M) vs. $6M minimum; plan due May 29, 2026.
- Company expects to regain compliance via proposed merger with Medterra CBD, LLC; draft merger agreement delivered.
- Borrowed $30K from DMF with option to buy $300K stock at 50% VWAP; sold Series A-1 preferred to Digmann for $200K with 12% dividend.
- Canceled Series D preferred in exchange for 227,200 common shares; withdrawal of designation filed May 4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1553788/000173112226000668/0001731122-26-000668-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1553788/000173112226000668/e7604_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-26-000668

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