LegalJul 21, 2026, 04:37 PM
Splash Beverage Extends Settlement Payment Due Dates
AI Summary
Splash Beverage Group, Inc. amended settlement agreements with three prior investors, extending the due dates for remaining payments. The company paid $137,797.54 on July 15, 2026, representing 50% of the outstanding settlement. The final 50%, totaling $137,797.54, is now due on July 31, 2026, and will accrue 12% annual interest plus attorney's fees. These settlements originated from claims of breached agreements related to investments made in October 2024.
Key Highlights
- Splash Beverage Group extended settlement payment due dates with three prior investors.
- The company paid $137,797.54 on July 15, 2026, covering 50% of the remaining settlement.
- The final $137,797.54 is now due by July 31, 2026.
- The remaining payment will accrue 12% annual interest and attorney's fees.
- Original settlement payments included $100,000 by June 30, 2026, and $137,797.54 by July 15, 2026.
- Settlements stem from alleged breaches of October 2024 investment agreements.
Price Impact
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