Splash Beverage Group Secures $10 Million Operating Capital Credit Facility, Raises Additional $2.7 Million With Legacy Investors and Retires S-3 Public Shelf Offering

FORT LAUDERDALE, FL – (NewMediaWire) – August 14, 2023 – Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today announced it has established a $10 million operating capital credit facility with a European and Singapore based private funding group. The company will use this credit facility along with additional funds raised for operating capital and will withdraw its existing $200 million S-3 Registration Statement.