Press Release – New York, New York – March 4, 2021 – Sichenzia Ross Ference LLP announced today that it represented Splash Beverage Group, Inc. (OTC: SBEV), a company that specializes in manufacturing, distribution, sales & marketing of various beverages across multiple channels, in a private placement offering of 3,637,064 shares of common stock and warrants to purchase up to an aggregate of 1,818,532 shares of common stock. The combined purchase price for one share of common stock and a warrant to purchase one share of common stock was $1.10. The gross proceeds were approximately $4.0 million.
The Sichenzia Ross Ference LLP team was led by partners Darrin M. Ocasio and David Manno.
SRFC is a full-service law firm with nationally recognized corporate, securities, and litigation practices that provides experienced representation in all matters involving the securities industry. In addition to handling routine to complex commercial matters, SRFC’s renowned litigation and regulatory department specializes in defending broker-dealers, registered persons, public and private corporations, and individuals in investigations and enforcement proceedings before the SEC, FINRA, and other regulatory bodies, as well as litigations and arbitrations across all forums in the securities industry, including class action lawsuits, shareholder derivative actions, and matters involving allegations of fraud, misrepresentation or other securities violations.
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