NetworkNewsBreaks –Splash Beverage Group Inc. (NYSE American: SBEV) Closes on $15M Public Offering, Uplists to NYSE American
Splash Beverage (NYSE American: SBEV), a portfolio company of leading beverage brands, announced that it had closed on an underwritten public offering. The offering, which resulted in $15 million for the company before deductions, was comprised of 3,750,000 shares of common stock along with warrants to purchase another 3,750,000 shares of common stock. The price per share is $4; the warrants are also $4 each. The warrants are exercisable at $4.60 per share and will expire five years from issuance. According to the announcement, SBEV also granted the underwriters an option to purchase up to an additional 562,500 shares of…







