Splash Beverage Group Announces Its Initial Closing on the First Tranche of Private Placement

ACCESSWIRE08-22

FORT LAUDERDALE, FL / ACCESSWIRE / August 22, 2024 / Splash Beverage Group, Inc. (NYSE American:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, announced that it has...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2461311045?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/_jTst42s7Heb9JDxfY9org--~B/aD0xOTU7dz02OTc7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/accesswire.ca/07f77bed7f412792b61c48806dbad7c0","is_english":true,"pubTime":"2024-08-22 20:30","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2461311045","market":"us","top_or_hot":-1,"title":"Splash Beverage Group Announces Its Initial Closing on the First Tranche of Private Placement","media":"ACCESSWIRE","content":"<div>\n<p>FORT LAUDERDALE, FL / ACCESSWIRE / August 22, 2024 / Splash Beverage Group, Inc. (NYSE American:SBEV) (\"Splash\" or the \"Company\"), a portfolio company of leading beverage brands, announced that it has...</p>\n\n<a href=\"https://finance.yahoo.com/news/splash-beverage-group-announces-initial-123000019.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Splash Beverage Group Announces Its Initial Closing on the First Tranche of Private Placement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSplash Beverage Group Announces Its Initial Closing on the First Tranche of Private Placement\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-22 20:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/splash-beverage-group-announces-initial-123000019.html><strong>ACCESSWIRE</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FORT LAUDERDALE, FL / ACCESSWIRE / August 22, 2024 / Splash Beverage Group, Inc. (NYSE American:SBEV) (\"Splash\" or the \"Company\"), a portfolio company of leading beverage brands, announced that it has...</p>\n\n<a href=\"https://finance.yahoo.com/news/splash-beverage-group-announces-initial-123000019.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4113","symbol_name":"食品零售","start_time":0,"source_url":"https://finance.yahoo.com/news/splash-beverage-group-announces-initial-123000019.html","article_id":"2461311045","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/_jTst42s7Heb9JDxfY9org--~B/aD0xOTU7dz02OTc7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/accesswire.ca/07f77bed7f412792b61c48806dbad7c0"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2461311045","pubTimestamp":1724329800,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"FORT LAUDERDALE, FL / ACCESSWIRE / August 22, 2024 / Splash Beverage Group, Inc.  , a portfolio company of leading beverage brands, announced that it has begun closing on a private placement for operating capital.Previously announced in the company's corporate update on May 15th, 2024, the Company was entering into a financing agreement with a wealth management firm in upstate NY. That agreement was finalized and the capital raise is in process. The first tranche has been finalized and the company is in the process of onboarding cash, a Form 8K to follow later today or tomorrow.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4113":"食品零售","BK4169":"酿酒商与葡萄酒商","SBEV":"Splash Beverage Group Inc."},"translate_title":"Splash Beverage Group宣布首次完成第一期私募","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SBEV":0.9},"content_text":"FORT LAUDERDALE, FL / ACCESSWIRE / August 22, 2024 / Splash Beverage Group, Inc. (NYSE American:SBEV) (\"Splash\" or the \"Company\"), a portfolio company of leading beverage brands, announced that it has begun closing on a private placement for operating capital.\n\n\n\n\n\n\n\nPreviously announced in the company's corporate update on May 15th, 2024, the Company was entering into a financing agreement with a wealth management firm in upstate NY. That agreement was finalized and the capital raise is in process. The first tranche has been finalized and the company is in the process of onboarding cash, a Form 8K to follow later today or tomorrow.\nThe first tranche is just over $4M and approximately half the cash has been received. The balance is expected in the next couple of days.\nDocuments for the second tranche of $4M have been distributed and approximately $3m have been executed. With these commitments in hand, the Company expects to complete the second tranche in short order.\nAdditionally, the $2.4M financing from last year has been retired and will no longer apply any downward pressure on the stock. The Company believes this is an extremely important point and will answer questions on the conference call later today.\nToday's Conference Call Details:\nDate: Thursday, August 22, 2024\nTime: 4:00 pm. ET\nCall: 888-506-0062 (US Toll Free) or 973-528-0011 (International)\nParticipant Access Code: 648719\nWebcast: A live webcast will be available and can be accessed from the Investors section of the Company's website or by clicking here\nAll interested parties are invited to participate. Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast.\nFor those unable to join the live webcast, a replay will be available until Friday, August 22, 2025, at 1-877-481-4010 (US) or 1-919-882-2331, replay pin number 51153. Additionally, to access the archived webcast, please visit the Investors section of the Company's website or click here\nFollow Splash Beverage Group on Twitter: www.twitter.com/SplashBev\nAbout Splash Beverage Group, Inc.\nSplash Beverage Group, an innovator in the beverage industry, owns a growing portfolio of alcoholic and non-alcoholic beverage brands including Copa di Vino wine by the glass, SALT flavored tequilas, Pulpoloco sangria, and hydration and recovery drinks. Splash's strategy is to rapidly develop early-stage brands already in its portfolio as well as acquire and then accelerate brands that have high visibility or are innovators in their categories. Led by a management team that has built and managed some of the top brands in the beverage industry and led sales from product launch into the billions, Splash is rapidly expanding its brand portfolio and global distribution.\nFor more information visit:\nwww.SplashBeverageGroup.comwww.copadivino.comwww.drinksalttequila.comwww.pulpo-loco.com\nForward-Looking Statement\nThis press release includes \"forward-looking statements\" within the meaning of U.S. federal securities laws. Words such as \"expect,\" \"estimate,\" \"project,\" \"budget,\" \"forecast,\" \"anticipate,\" \"intend,\" \"plan,\" \"may,\" \"will,\" \"could,\" \"should,\" \"believes,\" \"predicts,\" \"potential,\" \"continue\" and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements and factors that may cause such differences include, without limitation, the risks disclosed in the Company's Annual Report on Form 10-K filed with the SEC on March 8, 2021, and in the Company's other filings with the SEC. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.\nContact Information:\nSplash Beverage GroupInfo@SplashBeverageGroup.com954-745-5815\nContact Information\nSplash Beverage Group Splash Beverage Group info@splashbeveragegroup.com 941-554-8381\nSOURCE: Splash Beverage Group\n\nView the original \npress release on accesswire.com","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2461311045"}