StockWatch
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Beverages
Loan & DebtJul 13, 2026, 04:37 PM

Splash Beverage to Settle $2.83M Loan for $301,800

AI Summary

Splash Beverage Group, Inc. has entered into a letter agreement with Decathlon Alpha IV, L.P. to settle an outstanding loan obligation. The company can satisfy its $2,834,689 debt by paying $301,800.55 on or before August 31, 2026. This agreement will irrevocably release the company from all liabilities under the original Loan Agreement.

Key Highlights

  • Company to satisfy outstanding loan obligations totaling $2,834,689.
  • Settlement payment required is $301,800.55.
  • Payment must be made to Decathlon Alpha IV, L.P. on or before August 31, 2026.
  • Upon payment, the company will be fully released from all obligations under the Loan Agreement.
  • The original Loan Agreement was dated December 24, 2020.