secwatch.observer — SEC 8-K summary
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Issuer:     SPLASH BEVERAGE GROUP, INC. (SBEV)
CIK:        0001553788
Form:       8-K
Filed at:   2026-09-24T20:11:44+00:00
Accession:  0001731122-26-001281
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1553788/000173112226001281/0001731122-26-001281-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1553788/000173112226001281/e7970_8k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-26-001281

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer