Sean McGowan

David Figueredo

Scott Buck

- Splash Beverage Group, Inc. (SBEV) secured **$2,000,000** in financing on **September 22, 2025**, by issuing **$2,200,000** in Original Issue Discount Secured Convertible Promissory Notes to two institutional investors.  **[1553788_0001731122-25-001300_e6867_8-k.htm:1]** 
- These Notes are convertible into common stock at a conversion price equal to the lower of **$1.75 per share** or **$0.01 above the closing sale price on the conversion date**, and they mature on **September 22, 2026**.  **[1553788_0001731122-25-001300_e6867_8-k.htm:1]** 
- SBEV also entered into an Equity Line of Credit Agreement, granting it the right to sell up to **$35,000,000** in common stock to one of the investors, subject to certain limits and shareholder approval.  **[1553788_0001731122-25-001300_e6867_8-k.htm:1]** 
- The company is required to hold a shareholders' meeting by **October 31, 2025**, to obtain approval for the issuance of shares related to these transactions and will file a Registration Statement for the underlying common stock within **30 days of September 19, 2025**.  **[1553788_0001731122-25-001300_e6867_8-k.htm:1]** **[1553788_0001731122-25-001300_e6867_ex10-1.htm:6]**

SPLASH BEVERAGE GROUP (SBEV)