Splash Beverage Group Executes 1-for-40 Reverse Stock Split to Maintain NYSE American Listing

Splash Beverage Group has announced a strategic reverse stock split designed to ensure continued compliance with NYSE American listing standards. The company will consolidate its current 61,711,017 outstanding shares into approximately 1,542,776 shares, utilizing a 1-for-40 ratio effective March 27, 2025.

The reverse stock split, authorized by the company's Board of Directors on March 14, 2025, will proportionally reduce both authorized and outstanding shares. Shareholders will not need to take any action, as the split will automatically convert their existing shares. No fractional shares will be issued, with shareholders receiving rounded-up whole shares.

This financial maneuver serves a critical purpose for the beverage company: maintaining its listing on the NYSE American exchange. By reducing the number of outstanding shares and potentially increasing the per-share price, Splash Beverage Group aims to meet the exchange's minimum price requirements and ensure continued public trading.

The reverse split will also apply to outstanding warrants and stock options, with proportional adjustments to exercise prices. Specifically, each publicly traded warrant will become exercisable into 1/40th of a share at an adjusted exercise price of $184.00.

Shareholders holding shares through brokers or in book-entry form will experience no disruption, as VStock Transfer LLC will manage the exchange process. The company's stock will continue trading under the ticker SBEV but will be assigned a new CUSIP number.

The move reflects a strategic approach to maintaining the company's market position and adhering to exchange listing requirements. By carefully managing its stock structure, Splash Beverage Group demonstrates its commitment to financial transparency and compliance with securities regulations.