Sichenzia Ross Ference LLP Represents Splash Beverage Group, Inc. in $15.0 Million Public Offering and Uplisting to NYSE American

Press Release – New York, NY – June 16, 2021 – Sichenzia Ross Ference LLP today announced that it represented Splash Beverage Group, Inc. (NYSE American: SBEV), a portfolio company of leading beverage brands, in a public offering of 3,750,000 shares of common stock and warrants to purchase up to 3,750,000 shares of common stock. The offering was priced at a public offering price of $4.00 per share and accompanying warrant. Each warrant is exercisable at a price of $4.60 per share and will expire five years from issuance. Additionally, the Company granted the underwriters a 45-day option to purchase up to an additional 562,500 shares of common stock and warrants to purchase up to 562,500 shares of common stock. The common stock and warrants began trading on the NYSE American on June 11, 2021, under the symbols “SBEV” and “SBEV WS,” respectively. The gross proceeds were approximately $15.0 million.

EF Hutton, division of Benchmark Investments, LLC, acted as sole book-running manager for the offering.

The Sichenzia Ross Ference LLP team was led by partners Darrin M. Ocasio, David Manno and law clerk Zachary Weiss.

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Sichenzia Ross Ference LLP

Sichenzia Ross Ference LLP is a full service law firm with a nationally recognized corporate, securities and litigation practice that provides experienced representation in all matters involving the securities industry. In addition to handling routine to complex commercial matters, SRF’s renowned litigation department specializes in defending companies and individuals against all types of securities cases, including class action lawsuits, shareholder derivative actions, and matters involving allegations of fraud, misrepresentation or other securities violations. The litigation team has also brought defamation lawsuits against companies and individuals related to market manipulation. Additionally, it represents individuals and companies in investigations by the Securities and Exchange Commission (SEC) and other regulatory bodies. The litigation team has a robust practice representing brokers and broker-dealers in arbitrations before the Financial Industry Regulatory Authority (FINRA). These arbitrations typically involve claims of unsuitability, churning, unauthorized trading and other allegations of broker misconduct. Finally, SRF has a burgeoning expungement practice, where it represents brokers seeking to have negative and harmful customer complaints removed from their industry records. The firm complements its core practice areas with an established commercial real estate and trusts and estates practice.

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Sichenzia Ross Ference LLP Represents Splash Beverage Group, Inc. in $15.0 Million Public Offering and Uplisting to NYSE American

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