StockWatch
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Beverages
Corporate ActionJul 10, 2026, 04:38 PM

Splash Beverage Sells 9.23M Shares for $1.27M Gross Proceeds

AI Summary

Splash Beverage Group, Inc. sold 9,232,047 shares of common stock between June 30 and July 8, 2026, to C/M Capital Master Fund, LP. This transaction, conducted under a previously disclosed Securities Purchase Agreement, generated total gross proceeds of $1,265,063 for the company. The shares were sold as an unregistered offering under specific exemptions, with the purchaser's resales subsequently registered.

Key Highlights

  • Splash Beverage Group sold 9,232,047 shares of common stock.
  • The sales occurred from June 30, 2026, through July 8, 2026.
  • Total gross proceeds from the sale amounted to $1,265,063.
  • Shares were sold to C/M Capital Master Fund, LP.
  • The transaction was pursuant to a Securities Purchase Agreement dated September 19, 2025.
  • Sales were made under an exemption from registration (Section 4(a)(2) and Rule 506(b)).
  • Purchaser's resales were registered on Form S-1, effective June 22, 2026.