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Splash Beverage Group Announces Reverse Stock Split

Story Highlights

Splash Beverage Group ( (SBEV) ) has provided an update.

On March 20, 2025, Splash Beverage Group appointed William Devereux as Chief Financial Officer and Thomas Fore as a Director. Devereux brings over 20 years of experience in corporate finance and investment management, while Fore has a background in structured finance and real estate development. Additionally, the company announced a reverse stock split at a 1-for-40 ratio, effective March 27, 2025, to maintain its NYSE American listing. This move will reduce the number of outstanding shares and change the CUSIP number, but will not affect the par value or voting rights of the stock.

More about Splash Beverage Group

YTD Price Performance: -74.53%

Average Trading Volume: 92,096

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.28M

See more data about SBEV stock on TipRanks’ Stock Analysis page.

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