Splash Beverage Announces 1-for-4 Reverse Stock Split, $2.75M Debt Gain

Splash Beverage Group announced a 1-for-4 reverse stock split to maintain compliance with NYSE American's minimum share price requirements, effective July 24, 2026. Concurrently, the company successfully negotiated settlements with multiple legacy creditors, reducing approximately $3.3 million in liabilities to $550,000 cash consideration. This is expected to result in an approximate $2.75 million gain from the extinguishment of indebtedness, significantly strengthening the company's financial position and balance sheet. These actions are part of a broader strategy to execute its NYSE compliance plan and create long-term shareholder value.