{"id":688465,"date":"2022-09-23T09:58:39","date_gmt":"2022-09-23T13:58:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/splash-beverage-group-secures-funding-for-expanded-distribution\/"},"modified":"2022-09-23T09:58:39","modified_gmt":"2022-09-23T13:58:39","slug":"splash-beverage-group-secures-funding-for-expanded-distribution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/splash-beverage-group-secures-funding-for-expanded-distribution\/","title":{"rendered":"Splash Beverage Group Secures Funding for Expanded Distribution"},"content":{"rendered":"
\n

Fort Lauderdale, FL, Sept. 23, 2022 (GLOBE NEWSWIRE) — Splash Beverage Group, Inc.<\/u><\/a> (NYSE American: SBEV<\/b>) (the \u201cCompany\u201d or \u201cSplash Beverage Group\u201d), a portfolio company of leading beverage brands, earlier today announced an offering of common stock for aggregate gross proceeds of approximately $3.1 million, prior to deducting underwriting discounts, commissions, and other offering expenses. <\/p>\n

Robert Nistico, Splash Beverage Group\u2019s Chairman and CEO, commented, \u201cThis capital raise is to ensure we have sufficient inventory to fill orders and support the significant gains in distribution and chain retail authorizations for all our brands.\u00a0 We have announced numerous distribution and retail chain agreements recently, and it is critical to have sufficient inventory to support this activity, Additionally, it is imperative we do not run out of stock at this inflection point as our brands accelerate at retail, and we continue to add chains retail business \u2026 this is a very exciting time for us\u201d<\/p>\n

As previously announced, the Company has recently entered into distribution and retail chain agreements with Target department stores, am\/pm, Circle K, 7-11, UNFI, Carey Distributors, Wantz Distribution, Central Distribution, Buck Distributing Lohr Distributing, and others.<\/p>\n

For more information visit: <\/p>\n

\n
\n www.SplashBeverageGroup.com<\/u>
\n <\/a>\n <\/p>\n

\n
\n www.copadivino.com<\/u>
\n <\/a>\n <\/p>\n

\n
\n www.drinksalttequila.com<\/u>
\n <\/a>\n <\/p>\n

\n
\n www.pulpo-loco.com<\/u>
\n <\/a>\n <\/p>\n

\n
\n www.tapoutdrinks.com<\/u>
\n <\/a>\n <\/p>\n

\n About Splash Beverage Group<\/b>\n <\/p>\n

Splash 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 TapouT performance hydration and recovery drink. Splash\u2019s strategy is to rapidly develop early-stage brands already in its portfolio as well as acquire and then accelerate brands that have high visibility or are innovators in their categories. 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. <\/p>\n

\n Forward-Looking Statements<\/b>\n <\/p>\n

This press release includes \u201cforward-looking statements\u201d within the meaning of U.S. federal securities laws. Words such as \u201cexpect,\u201d \u201cestimate,\u201d \u201cproject,\u201d \u201cbudget,\u201d \u201cforecast,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201cbelieves,\u201d \u201cpredicts,\u201d \u201cpotential,\u201d \u201ccontinue\u201d and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements and factors that may cause such differences include, without limitation, the risks disclosed in the Company\u2019s Annual Report on Form 10-K filed with the SEC on March 31, 2022, and in the Company\u2019s other filings with the SEC. 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.<\/p>\n

\n Contact: <\/b>\n <\/p>\n

Splash Beverage Group
Info@SplashBeverageGroup.com<\/u><\/a>
954-745-5815<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Fort Lauderdale, FL, Sept. 23, 2022 (GLOBE NEWSWIRE) — Splash Beverage Group, Inc. (NYSE American: SBEV) (the \u201cCompany\u201d or \u201cSplash Beverage Group\u201d), a portfolio company of leading beverage brands, earlier today announced an offering of common stock for aggregate gross proceeds of approximately $3.1 million, prior to deducting underwriting discounts, commissions, and other offering expenses. Robert Nistico, Splash Beverage Group\u2019s Chairman and CEO, commented, \u201cThis capital raise is to ensure we have sufficient inventory to fill orders and support the significant gains in distribution and chain retail authorizations for all our brands.\u00a0 We have announced numerous distribution and retail chain agreements recently, and it is critical to have sufficient inventory to support this activity, Additionally, it is imperative we do … <\/p>\n

Continue reading “Splash Beverage Group Secures Funding for Expanded Distribution”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688465","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSplash Beverage Group Secures Funding for Expanded Distribution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/splash-beverage-group-secures-funding-for-expanded-distribution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Splash Beverage Group Secures Funding for Expanded Distribution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Fort Lauderdale, FL, Sept. 23, 2022 (GLOBE NEWSWIRE) — Splash Beverage Group, Inc. (NYSE American: SBEV) (the \u201cCompany\u201d or \u201cSplash Beverage Group\u201d), a portfolio company of leading beverage brands, earlier today announced an offering of common stock for aggregate gross proceeds of approximately $3.1 million, prior to deducting underwriting discounts, commissions, and other offering expenses. Robert Nistico, Splash Beverage Group\u2019s Chairman and CEO, commented, \u201cThis capital raise is to ensure we have sufficient inventory to fill orders and support the significant gains in distribution and chain retail authorizations for all our brands.\u00a0 We have announced numerous distribution and retail chain agreements recently, and it is critical to have sufficient inventory to support this activity, Additionally, it is imperative we do … Continue reading "Splash Beverage Group Secures Funding for Expanded Distribution"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/splash-beverage-group-secures-funding-for-expanded-distribution\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-23T13:58:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1MjQzMiM1MTY5MTkyIzUwMDA4MDk3MQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/splash-beverage-group-secures-funding-for-expanded-distribution\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/splash-beverage-group-secures-funding-for-expanded-distribution\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Splash Beverage Group Secures Funding for Expanded Distribution\",\"datePublished\":\"2022-09-23T13:58:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/splash-beverage-group-secures-funding-for-expanded-distribution\\\/\"},\"wordCount\":504,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/splash-beverage-group-secures-funding-for-expanded-distribution\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODY1MjQzMiM1MTY5MTkyIzUwMDA4MDk3MQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/splash-beverage-group-secures-funding-for-expanded-distribution\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/splash-beverage-group-secures-funding-for-expanded-distribution\\\/\",\"name\":\"Splash Beverage Group Secures Funding for Expanded Distribution - 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