Endovia secures $1M commitment from C/M Capital, closes $510k convertible note, sells 3.6M shares

SPLASH BEVERAGE GROUP, INC.

Closed initial $510k investment via secured convertible note with $576,271 principal (incl. $66,271 OID).
Note converts at lower of $1.75/share or $0.01 above closing price; matures 9/18/2027, 7% default interest.
Investor committed minimum $1M to support CannEpil commercialization under exclusive license agreement.
Sold 3,629,250 shares under ELOC from Aug 31-Sep 23, 2026, raising gross proceeds of $808,829.42.
Note requires mandatory prepayment of 30% of gross proceeds from future ELOC share sales.

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