Splash Beverage Group, Inc. - SBEV STOCK NEWS

Splash Beverage Group (NYSE American: SBEV) has announced a conference call to discuss its 2024 Second Quarter Results and State of the Business Update on Thursday, August 22, 2024, at 4:00 pm ET. The call will feature the company's C-Suite team, including Robert Nistico (Chairman/CEO), Julius Ivancsits (CFO), and Bill Meissner (President/CMO).

Key topics to be addressed include:

• Q2'2024 Financial Results
• Distribution and Brand Strategy
• Capital Structure and Financing Update
• 2nd Half 2024/2025 Financial Outlook
• Merger & Acquisitions Update

Interested parties can join via phone or webcast, with a replay available until August 22, 2025.

Splash Beverage Group (NYSE American:SBEV) has secured statewide authorization for its Chocolate SALT Tequila from the Pennsylvania Liquor Control Board (PLCB). This achievement allows the product to be available in nearly 600 fine wine and spirits stores across Pennsylvania starting in September.

Chocolate SALT Tequila is a premium 100% Blue Agave Tequila produced in Jalisco, Mexico. It's an 80 proof / 40% ABV Tequila infused with rich mocha, dark chocolate, and subtle Himalayan Sea salt flavors. This authorization aligns with Splash Beverage Group's strategy to build a comprehensive distribution network and scale its brands nationally, facilitated by its new distributor relationship with Johnson Brothers in Pennsylvania.

Splash Beverage Group appoints Julius Ivancsits as Chief Financial Officer, bringing extensive experience in finance, accounting, and mergers & acquisitions strategies. Julius aims to drive growth and profitability for the company.

Splash Beverage Group, Inc. (NYSE American: SBEV) reaffirms its commitment to sustainable growth and success despite a going concern opinion in its 10-K. The company acknowledges challenges but remains confident in its business model and workforce dedication.

Splash Beverage Group, Inc. (SBEV) appoints Dr. John Paglia to its Board of Directors and Chair of Audit Committee. Dr. Paglia brings extensive corporate governance experience and financial expertise to the company, enhancing its strategic direction and shareholder value.

Splash Beverage Group, Inc. (SBEV) secures new distribution within Terrible’s Convenience in Las Vegas for Copa di Vino single-serve wine, expanding its reach to all 115 stores. The move aligns with the company’s distribution network strategy to target key chains and capitalize on the growing wine market in convenience stores.

Splash Beverage Group, Inc. (SBEV) expands distribution of Pulpoloco Sangria to Sea World Parks & Entertainment's venues in multiple states. The company clarifies it is not an official corporate partner but a vendor. This distribution arrangement signifies a strategic move for Splash in reaching a wider audience.

Splash Beverage Group, Inc. (SBEV) announces a distribution partnership with Armada Distributing, a prominent distributor in the state of Oklahoma, to expand its reach and accessibility in the Oklahoma market. The collaboration aims to increase market penetration and brand visibility for Splash's portfolio of leading beverage brands, including SALT Naturally Flavored Tequila, Copa di Vino Single Serve Wines, Pulpoloco Sangrias, and TapouT Cognitive Energy Drink. The partnership is expected to enhance consumer engagement and support Splash's 2024 growth plans.

Splash Beverage Group, Inc. (SBEV) has announced a significant milestone in its growth journey with the addition of Sea World Parks & Entertainment to its large venue customers. Sea World Parks & Entertainment will now offer Splash Beverage Group's Pulpoloco Sangria in all of its parks across California, Florida, Pennsylvania, Virginia, and Texas. This collaboration represents a significant growth opportunity for Splash, allowing them to introduce their product to millions of visitors across Sea World, Busch Gardens, Discovery Cove, and Sesame Place parks. Pulpoloco Sangria, available in two varietals, will now be accessible to visitors at Sea World Parks & Entertainment venues, providing them with a refreshing and flavorful beverage option to complement their park experience.