Splash Beverage Group Announces Pricing of $3.1 Million Underwritten Public Offering
Fort Lauderdale, FL, Sept. 23, 2022 (GLOBE NEWSWIRE) — Splash Beverage Group, Inc. (NYSE American: SBEV) (the “Company” or “Splash Beverage Group”), a portfolio company of leading beverage brands, today announced the pricing of its underwritten public offering of 2,000,000 shares of common stock (the “Common Stock”) at a public offering price of $1.55 per share, for aggregate gross proceeds of approximately $3.1 million, prior to deducting underwriting discounts, commissions, and other offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 shares of Common Stock at the public offering price per share, less the underwriting discounts and commissions to cover over-allotments, if any.