Sichenzia Ross Ference LLP Represents Splash Beverage Group, Inc. in $15.0 Million Public Offering and Uplisting to NYSE American

Splash Beverage Acquisition

Press Release – New York, NY – June 16, 2021 – Sichenzia Ross Ference LLP today announced that it represented Splash Beverage Group, Inc. (NYSE American: SBEV), a portfolio company of leading beverage brands, in a public offering of 3,750,000 shares of common stock and warrants to purchase up to 3,750,000 shares of common stock.  The offering was priced at a public offering price of $4.00 per share and accompanying warrant. Each warrant is exercisable at a price of $4.60 per share and will expire five years from issuance. Additionally, the Company granted the underwriters a 45-day option to purchase up to an additional 562,500 shares of common stock and warrants to purchase up to 562,500 shares of common stock. The common stock and warrants began trading on the NYSE American on June 11, 2021, under the symbols “SBEV” and “SBEV WS,” respectively. The gross proceeds were approximately $15.0 million. 

EF Hutton, division of Benchmark Investments, LLC, acted as sole book-running manager for the offering.

The Sichenzia Ross Ference LLP team was led by partners Darrin M. Ocasio, David Manno and law clerk Zachary Weiss.

Sichenzia Ross Ference Carmel LLP