Splash Beverage Group Announces Its Initial Closing on the First Tranche of Private Placement
Summary
With these commitments in hand, the Company expects to complete the second tranche in short order.Additionally, the $2.4M financing from last year has been retired and will no longer apply any downward pressure on the stock. Additionally, to access the archived webcast, please visit the Investors section of the Companys website or click hereSplash Beverage Group, an innovator in the beverage industry, owns a growing portfolio of alcoholic and non-alcoholic beverage brands including Copa di Vino wine by the glass, SALT flavored tequilas, Pulpoloco sangria, and hydration and recovery drinks. Led by a management team that has built and managed some of the top brands in the beverage industry and led sales from product launch into the billions, Splash is rapidly expanding its brand portfolio and global distribution.This press release includes "forward-looking statements" within the meaning of U.S. federal securities laws. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.