News & Media
“The NYSE American offers investors increased transparency and overall accessibility and is conducive to additional market opportunities toward building shareholder value. We believe this also positions us to begin initiatives toward up-listing to a senior exchange as we continue to cultivate existing brands and execute our strategy to acquire additional impactful beverage brands and concepts.”
– Robert Nistico, Chairman & CEO of Splash Beverage Group
Splash Beverage Group Signs Letter of Intent to Acquire Western Son Vodka...
FORT LAUDERDALE, FL, Sept. 11, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today announced it has executed a Letter of Intent (“LOI”) to acquire JEM Beverage Management Company, LLC, owners of the brand Western Son Vodka. Terms of the transaction have not been disclosed as they are subject to reaching a definitive agreement.
Splash Beverage Group Enters (Non-Binding) Term Sheet to Fund Acquisitions...
FORT LAUDERDALE, FL, Sept. 07, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today announced it has entered a (non-binding) Term Sheet to fund acquisitions. The Credit Facility will act as a credit reservation agreement (up to an undisclosed amount) for multiple acquisitions and will provide acquisition financing at the current Euribor rate plus 1.5% and will mature in 7 to 10 years depending on each individual acquisition.
Interview - The Big Biz Show - August 15, 2023...
Splash Beverage Group CEO, Robert Nistico, interviews with The Big Biz.
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.
Splash Beverage Group could triple in share price - Roth MKM...
Roth MKM started off coverage on Splash Beverage Group (NYSE:SBEV) on Tuesday with a Buy rating.
Analyst Sean McGowan noted that while Splash’s (SBEV) current portfolio of brands currently includes tequila, wine/sangria, and sports drinks – the firm expects the portfolio to grow through internal expansion and potential acquisitions. Of note, the current portfolio today consists of only four brands (TapouT hydration drink, Copa di Vino single serve wine, Pulpoloco sangria, and SALT brand of flavored tequila).
Tapout Energy Buzz...
We are thrilled to introduce TapouT Cognitive Energy to our customers, offering them a new and enjoyable beverage to stay focused and energized throughout the day. We believe the product will resonate well with today’s consumers and provide a boost to our TapouT revenue and profitability. In only a few days after our release the buzz has been incredible.
Read Full Articles:
TrendHunter: https://www.trendhunter.com/trends/tapout-cognitive-energy
TrendHunter: https://www.trendhunter.com/trends/sparkling-energy-drinks
FoodBev: https://www.foodbev.com/news/sparkling-beverage-group-introduces-new-energy-drink-brand/
BevNET: https://www.bevnet.com/news/2023/tapout-launches-new-sparkling-cognitive-energy-drink-for-next-level-functionality
BevNET: http://bevnet.com/news/2023/this-weeks-new-products-zero-sugar-drinkable-chobani-plus-aprch-jeng-tapout-and-more/
Food & Beverage: https://www.fb101.com/tapout-launches-new-sparkling-cognitive-energy-drink-for-next-level-functionality/