Sichenzia Ross Ference Carmel LLP Represents Splash Beverage Group, Inc. in $1.25 Million Private Placement

Press Release – New York, NY – October 12, 2023 – Sichenzia Ross Ference Carmel LLP announced today that it represented Splash Beverage Group, (Nasdaq: “SBEV”) (“The Company”) Inc. in a $1.25 Million Private Placement. The Company entered into a securities purchase agreement (the “Purchase Agreement”) with certain accredited investors. Pursuant to the Purchase Agreement, the Company sold senior convertible notes in the aggregate original principal amount of $1,250,000, (the “Notes”) convertible into up to 1,470,588 shares of common stock of the Company at a conversion price of $0.85 per share. The conversion price of the Notes is $0.85 per share, subject to adjustments as provided in the Notes.

The Sichenzia Ross Ference Carmel LLP team was led by partners Darrin Ocasio, David Manno, and associate Rohini Sud.