Splash Beverage Group, Inc. produces, distributes, and markets various beverages in the United States. The company offers hydration and recovery isotonic sport drink under the TapouT Performance brand; and flavored tequilas under the SALT Naturally Flavored Tequila brand. It also sells beverages and groceries online through qplash.com; produces premium wine under the Copa di Vino brand; and offers premium Pulpoloco Sangria. The company is based in Fort Lauderdale, Florida.
IPO Year: 2021
Exchange: AMEX
Website: splashbeveragegroup.com
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8-K - SPLASH BEVERAGE GROUP, INC. (0001553788) (Filer)
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8-K - SPLASH BEVERAGE GROUP, INC. (0001553788) (Filer)
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FORT LAUDERDALE, FL / ACCESSWIRE / August 22, 2024 / Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, announced that it has begun closing on a private placement for operating capital. Previously announced in the company's corporate update on May 15th, 2024, the Company was entering into a financing agreement with a wealth management firm in upstate NY. That agreement was finalized and the capital raise is in process. The first tranche has been finalized and the company is in the process of onboarding cash, a Form 8K to follow later today or tomorrow.The first tranche is just over $4M and approximately half the cash has been
2024 Second Quarter Results & State of the Business UpdateFORT LAUDERDALE, FL / ACCESSWIRE / August 15, 2024 / Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, announced that it will host a conference call to on Thursday, August 22, 2024 at 4:00 pm ET. The C-Suite team Robert Nistico (Chairman / CEO), Julius Ivancsits (CFO), and Bill Meissner (President / CMO) will be present and field questions after the formal presentation. Topics include the followingQ2'2024 Financial ResultsDistribution / Brand StrategyCapital Structure / Financing Update2nd Half 2024/2025 Financial OutlookMerger & Acquisitions UpdateConference Call De
FORT LAUDERDALE, FL, Nov. 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today reported financial results for the third quarter period ended September 30, 2023. Investors are encouraged to read the Company's quarterly report on Form 10-Q which was filed with the Securities and Exchange Commissions (the "SEC"), contains additional information, and is posted at https://splashbeveragegroup.com/. Third Quarter Financial Performance Net revenues for the third quarter period ending September 30, 2023, increased to $5.1 million compared to $4.9 million in the prior year period, a
Fort Lauderdale, FL, April 04, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, announced that it will host a conference call on Tuesday, April 11, 2023 at 10:00 am ET to discuss its previously reported 2022 fourth quarter and full year financial results. Conference Call Details:Date: Tuesday, April 11, 2023Time: 10:00 am. ETCall: 888-506-0062 (US Toll Free), 973-528-0011 (International)Participant Access Code: 766684Webcast: A live webcast will be available and can be accessed from the Investors' section of the Company's website at or by clicking here All int
Fort Lauderdale, Florida, March 29, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced an agreement with New Jersey-based AB-ONE distributor Northern Eagle Beverage to distribute SALT Tequila, Copa di Vino wines by the glass, and Pulpoloco Sangria to New Jersey's Bergen, Hudson, Essex and Passaic Counties. Robert Nistico, CEO of Splash Beverage Group commented, "This is another home run distribution agreement for Splash. Our relationship with InBev's AB ONE, the owner of Budweiser, continues to pay dividends for us as more and more high-volume distributors take note of the credibi
Fort Lauderdale, Florida, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced that it has signed a distribution agreement with Heimark Distributing to distribute TapouT through the key Southern California markets. Heimark Distributing, based in Indio, California, has been serving Southern California since its founding in 1937. Heimark services more than 1500 accounts in more than 60 cities across major portions of Riverside and San Bernardino Counties. Robert Nistico, Splash Beverage Group's Chairman and CEO, commented, "This latest distribution agreement marks our sixt
FORT LAUDERDALE, FL, April 24, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced the appointment of Julius Ivancsits as Chief Financial Officer effective April 24th, 2024. Julius is a growth strategist with proven success scaling Public & PE-backed companies in both CPG and B2B organizations. "In addition, his prior experience in full deal cycle (diligence to integration) will play a critical role to Splash Beverage Group vision of growth through assisting the Company with its mergers and acquisitions strategy," said Robert Nistico, Chief Executive Officer of
FORT LAUDERDALE, FL, March 01, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced the appointment of John Paglia, Ph.D., CFA, CPA, NACD.DC to the Company's Board of Directors and Chair of Audit Committee, effective February 26, 2024. Dr. Paglia brings over fifteen years of corporate governance experience as an independent director, including more than ten years as audit committee chair and designated financial expert. Dr. Paglia, age 56, is a tenured Professor of Finance at the Pepperdine Graziadio Business School where he teaches graduate level classes on th
FORT LAUDERDALE, FL, Feb. 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands including SALT Naturally Flavored Tequila, Copa di Vino Single Serve Wines, Pulpoloco Sangrias, and TapouT Cognitive Energy Drink, is excited to announce its distribution partnership with Armada Distributing, a prominent distributor in the state of Oklahoma. The collaboration with Armada Distributing marks a significant expansion of Splash's brands distribution footprint, specifically covering the entire state of Oklahoma. With a dedicated team of 25 salespeople, Armada Distributing brings unparall
FORT LAUDERDALE, FL, Jan. 31, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced the appointment of Stacy McLaughlin as Chief Financial Officer effective January 24th, 2024. "Stacy's impressive financial and operational experience, especially her deep knowledge of public finance & accounting, capital markets, in addition to managing $400M in revenue in a previous role, will be a tremendous asset to our executive team at Splash," said Robert Nistico, Chief Executive Officer of Splash Beverage Group. "Someone of Stacy's caliber joining the team is an important vali
FORT LAUDERDALE, FL, April 26, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced the appointment of F. William (Bill) Caple to the Company's Board of Directors. Mr. Caple brings over 30 years of experience in investment banking experience, particularly M&A and capital raises, management consulting and entrepreneurship. Mr. Caple is the founder and managing director of Caple Advisory, an international growth strategies consulting practice and investment banking firm with a concentration in Asia. He has served in top executive and board positions with enterpris
Fort Lauderdale, Florida, April 19, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced the appointment of Ron Wall as Chief Financial Officer effective May 2nd. Mr. Wall joins Splash Beverage Group with more than 25 years of senior financial leadership and executive management experience within the beverage and spirits industry. Most recently, from 2009 until present, Wall was Chief Financial Officer for William Grant & Sons, an independent family-owned, distiller of Scotch Whiskey and other spirts selling to more than 200 markets in 50 global locations. While there, Wall de
Fort Lauderdale, Florida, Dec. 15, 2021 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced the appointment of TraDigital IR, a leading financial and digital media communications firm. TraDigital will assist Splash in broadening its financial marketing presence and in establishing new relationships within the investment community. Robert Nistico, CEO of Splash, commented, "We're delighted to be working with TraDigital as they assist us with our communication efforts. We've established some significant milestones since we uplisted our shares to NYSE American in June, including the rec
FORT LAUDERDALE, FL / ACCESSWIRE / October 16, 2024 / Splash Beverage Group (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, is excited to announce continued fundraising progress to expand its market presence and support working capital. This updates the earlier announcement on August 22, 2024, with a larger executed contracts total of $7.6 million.The capital raise was achieved through private placement of convertible notes, as previously disclosed, as well as equity in the pending acquisition, which has attracted interest from new accredited and preexisting investors. This influx of capital will provide Splash Beverage Group with essential working ca
FORT LAUDERDALE, FL / ACCESSWIRE / August 22, 2024 / Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, announced that it has begun closing on a private placement for operating capital. Previously announced in the company's corporate update on May 15th, 2024, the Company was entering into a financing agreement with a wealth management firm in upstate NY. That agreement was finalized and the capital raise is in process. The first tranche has been finalized and the company is in the process of onboarding cash, a Form 8K to follow later today or tomorrow.The first tranche is just over $4M and approximately half the cash has been
2024 Second Quarter Results & State of the Business UpdateFORT LAUDERDALE, FL / ACCESSWIRE / August 15, 2024 / Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, announced that it will host a conference call to on Thursday, August 22, 2024 at 4:00 pm ET. The C-Suite team Robert Nistico (Chairman / CEO), Julius Ivancsits (CFO), and Bill Meissner (President / CMO) will be present and field questions after the formal presentation. Topics include the followingQ2'2024 Financial ResultsDistribution / Brand StrategyCapital Structure / Financing Update2nd Half 2024/2025 Financial OutlookMerger & Acquisitions UpdateConference Call De
FORT LAUDERDALE, FL / ACCESSWIRE / July 18, 2024 / Splash Beverage Group, Inc. (NYSE:SBEV), a leading beverage company known for acquiring and growing early-stage brands to national and international prominence, is thrilled to announce that its Chocolate SALT Tequila brand has received its authorization from the Pennsylvania Liquor Control Board (PLCB). This significant achievement allows Chocolate SALT Tequila to be available in nearly 600 fine wine and spirits stores across Pennsylvania starting in September.The PLCB's mission is to responsibly sell wine and spirits as a retailer and wholesaler, regulate Pennsylvania's alcohol industry, promote alcohol education and social responsibility,
FORT LAUDERDALE, FL, April 24, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced the appointment of Julius Ivancsits as Chief Financial Officer effective April 24th, 2024. Julius is a growth strategist with proven success scaling Public & PE-backed companies in both CPG and B2B organizations. "In addition, his prior experience in full deal cycle (diligence to integration) will play a critical role to Splash Beverage Group vision of growth through assisting the Company with its mergers and acquisitions strategy," said Robert Nistico, Chief Executive Officer of
FORT LAUDERDALE, FL, April 12, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, issued a statement today reaffirming its commitment to sustainable growth and long-term success despite a going concern opinion. This advisement does not represent any change or amendment to the Company's financial statements or to its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 The management team at the Company acknowledges concerns regarding the going concern status published in the recent 10-K. We want to assure our stakeholders, including shareholders, employees, cust
FORT LAUDERDALE, FL, March 01, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced the appointment of John Paglia, Ph.D., CFA, CPA, NACD.DC to the Company's Board of Directors and Chair of Audit Committee, effective February 26, 2024. Dr. Paglia brings over fifteen years of corporate governance experience as an independent director, including more than ten years as audit committee chair and designated financial expert. Dr. Paglia, age 56, is a tenured Professor of Finance at the Pepperdine Graziadio Business School where he teaches graduate level classes on th
FORT LAUDERDALE, FL, Feb. 20, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands including SALT Naturally Flavored Tequila, Copa di Vino Single Serve Wines, Pulploloco Sangria, and TapouT Cognitive Energy Drink, is excited to announce it has been awarded new distribution within Terrible's Convenience, the iconic retailer with significant presence in Las Vegas, Nevada. Starting this month Copa di Vino single-serve wine will be available in all 115 Terrible's convenience stores in the greater Las Vegas area. This expansion will offer four of Copa di Vino's varietals to the high-t
FORT LAUDERDALE, FL, Feb. 09, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, announced on February 2nd that its Pulpoloco Sangria will be offered in all of Sea World Parks & Entertainment's venues across California, Florida, Pennsylvania, Virginia and Texas. In the February 7th release the company announced the arrangement as a "partnership" with Sea World Parks & Entertainment. As a clarification to the release: the Company is not an official corporate partner of Sea World Parks & Entertainment, yet a traditional vendor. Splash considers its retail, venue and on-premise custo
FORT LAUDERDALE, FL, Feb. 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands including SALT Naturally Flavored Tequila, Copa di Vino Single Serve Wines, Pulpoloco Sangrias, and TapouT Cognitive Energy Drink, is excited to announce its distribution partnership with Armada Distributing, a prominent distributor in the state of Oklahoma. The collaboration with Armada Distributing marks a significant expansion of Splash's brands distribution footprint, specifically covering the entire state of Oklahoma. With a dedicated team of 25 salespeople, Armada Distributing brings unparall
Roth MKM analyst Sean McGowan maintains Splash Beverage Group (AMEX:SBEV) with a Buy and lowers the price target from $2.85 to $1.
Shares of Braze, Inc. (NASDAQ:BRZE) rose sharply in today's pre-market trading following better-than-expected first-quarter earnings. Braze reported first-quarter revenue of $135.459 million, beating estimates of $131.668 million. The company reported a first-quarter adjusted loss of 5 cents per share, beating estimates for a loss of 10 cents per share, according to Benzinga Pro. Braze shares jumped 14.3% to $42.02 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers Venus Concept Inc. (NASDAQ:VERO) rose 135.8% to $1.46 in today's pre-market trading after gaining 16% on Thursday. Venus Concept was notified it regained compliance
HC Wainwright & Co. analyst Scott Buck reiterates Splash Beverage Group (AMEX:SBEV) with a Buy and maintains $1 price target.
Shares of Pinterest, Inc (NYSE:PINS) rose sharply in today's pre-market trading following strong first-quarter earnings and upbeat second-quarter guidance. Pinterest's first-quarter revenue increased nearly 23% year-over-year to $740 million, which beat the consensus estimate of $699.872 million, according to Benzinga Pro. The company reported a loss of 4 cents per share, which beat analyst estimates for a loss of 9 cents per share. Pinterest shares climbed 17.3% to $39.26 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Plutonian Acquisition Corp. (NASDAQ:PLTN) gained 68.9% to $15.00 in pre-market trading. IM Cannabis Corp. (NASDAQ:I
Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced the appointment of Julius Ivancsits as Chief Financial Officer effective April 24th, 2024.Julius is a growth strategist with proven success scaling Public & PE-backed companies in both CPG and B2B organizations. "In addition, his prior experience in full deal cycle (diligence to integration) will play a critical role to Splash Beverage Group vision of growth through assisting the Company with its mergers and acquisitions strategy," said Robert Nistico, Chief Executive Officer of Splash Beverage Group.Mr. Ivancsits joins Splash with extensive finance, accounting
Splash Beverage Group, Inc. (NYSE:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, issued a statement today reaffirming its commitment to sustainable growth and long-term success despite a going concern opinion. This advisement does not represent any change or amendment to the Company's financial statements or to its Annual Report on Form 10-K for the fiscal year ended December 31, 2023The management team at the Company acknowledges concerns regarding the going concern status published in the recent 10-K. We want to assure our stakeholders, including shareholders, employees, customers, and partners, that we have actively been taking measures to address these
HC Wainwright & Co. analyst Scott Buck maintains Splash Beverage Group (AMEX:SBEV) with a Buy and lowers the price target from $2.5 to $1.
Shares of Nuvve Holding Corp. (NASDAQ:NVVE) fell sharply during Monday’s session after the company reported worse-than-expected fourth-quarter financial results. Nuvve Holding posted a quarterly loss of $6.98 per share, versus market estimates for a loss of $5.60 per share. The company’s sales came in at $1.65 million, compared to expectations of $3.00 million. Nuvve Holding shares dipped 29.6% to $0.7746 on Monday. Here are some other stocks moving in today's mid-day session. Gainers Vast Renewables Limited (NASDAQ:VSTE) shares jumped 179% to $8.62 after jumping 39% on Thursday. CXApp Inc. (NASDAQ:CXAI) gained 151% to $6.15 after the company announced a partnership with Google Clou