InvestorNewsBreaks –Splash Beverage Group Inc. (NYSE American: SBEV) $15M Public Offering, NYSE American Uplisting to Commence

June 11, 2021 08:25:58
Splash Beverage (NYSE American: SBEV), a portfolio company of leading beverage brands, has released the pricing of its underwritten public offering. The public offering consists of 3.75 million shares of common stock along with warrants to purchase up to 3.75 million shares of common stock. The public offering price for the shares and accompanying warrants will be $4 per share and accompanying warrant, which could result in total gross proceeds of $15 million for SBEV, before underwriting discounts, commissions and other offering expenses are deducted. The company noted that each warrant is exercisable for one share of common stock at $4.60 per share; warrants will expire five years from issuance. In addition, the common stock and warrants will be issued separately. Trading of the common stock is expected to begin June 11, 2021, on the NYSE American under the symbol SBEV; warrants should begin trading the same day under the symbol SBEV WS. The company noted that is has granted a 45-day option to the underwriters, to purchase up to an additional 562,500 shares and the same number of accompanying warrants at the public offering price. The company expects the offering to close on or about June 15, 2021. To view the full press release, visit About Splash Beverage Group Inc. Splash Beverage Groupspecializes in manufacturing, distribution, sales and marketing of various beverages across multiple channels. SBEV operates in both the nonalcoholic and alcoholic beverage segments, which the company believes leverages efficiencies and dilutes risk. SBEV believes its business model is unique because it only develops and accelerates brands it perceives to have highly visible pre-existing brand awareness or pure category innovation. For more information about the company, please visit NOTE TO INVESTORS: The latest news and updates relating to SBEV are available in the company’s newsroom at

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