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Splash Beverage Group Completes Preferred Shares Sale to CEO

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Splash Beverage Group Completes Preferred Shares Sale to CEO

Don’t Miss TipRanks’ Half-Year Sale

An update from Splash Beverage Group ( (SBEV) ) is now available.

On June 9, 2025, Splash Beverage Group, Inc. completed the sale of 1,000 Series A Preferred Shares to its CEO, Robert Nistico, for $1,000. This transaction was part of preparations for a special shareholder meeting to vote on increasing the company’s authorized shares following a reverse stock split. The Series A Preferred Shares, which carry significant voting power, are designed to be redeemed automatically upon shareholder approval of the increase in authorized shares, ensuring flexibility for future equity financing and corporate purposes.

The most recent analyst rating on (SBEV) stock is a Buy with a $1.00 price target. To see the full list of analyst forecasts on Splash Beverage Group stock, see the SBEV Stock Forecast page.

Spark’s Take on SBEV Stock

According to Spark, TipRanks’ AI Analyst, SBEV is a Neutral.

Splash Beverage Group’s overall score is weighed down by significant financial struggles, reflected in negative profitability and cash flow issues. While there are positive signs in technical analysis and potential strategic improvements mentioned in the earnings call, these are overshadowed by ongoing liquidity challenges and legal hurdles.

To see Spark’s full report on SBEV stock, click here.

More about Splash Beverage Group

Average Trading Volume: 2,163,301

Technical Sentiment Signal: Sell

Current Market Cap: $5.32M

Learn more about SBEV stock on TipRanks’ Stock Analysis page.

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