Recent Updates — SBEV
Splash Beverage Group, Inc. issued 767,953 shares of common stock to C/M Capital Master Fund, LP for gross proceeds of $117,036 on June 24, 2026, under an existing Equity Line of Credit (ELOC) Agreement. The company operates in the beverage industry and develops and markets branded beverage products.
Splash Beverage Group, Inc. announced a strategic investment in Avicanna Inc. (TSX: AVCN) via a press release issued on June 15, 2026. The company operates in the beverage industry and develops and markets beverage products.
On June 9, 2026, Splash Beverage Group invested $217,479.24 to purchase 2,000,000 common shares and 1,000,000 warrants of Avicanna Inc. as part of a pivot toward a cannabinoid-based health and wellness platform. On June 8, 2026, the company appointed Michael Bondurant as Chief Operating Officer with a $275,000 base salary and performance bonuses tied to market capitalization milestones. The Board also approved employment terms for Interim CEO Brady Cobb, including a $300,000 base salary and similar market cap bonuses. Additionally, the company granted 10-year stock options with an exercise price of $0.25 per share to various officers and directors and proposed a Strategic Transformation RSU Plan representing 20% of fully diluted shares (approx. 8,373,000 shares), subject to stockholder approval. The company operates in the beverage industry and is transitioning into the cannabinoid wellness and pharmaceutical sectors.