Splash Beverage Group, Inc. reports developments for a portfolio of alcoholic and non-alcoholic beverage brands. Its recurring updates cover brand distribution for Pulpoloco sangria, SALT flavored tequilas, Copa di Vino wine by the glass, and hydration or recovery drinks, including retail authorizations and state-level alcohol-market access.
Company news also includes operating and financial results calls, capital-structure updates, private-placement activity, material agreements, shareholder voting matters, and governance changes. These items reflect Splash Beverage Group's model of managing and expanding consumer beverage brands through retail channels, distribution relationships, and public-company financing activity.
Splash Beverage Group, Inc. (OTCQB: SBEV) announced its approval to uplist to the NYSE American Exchange, effective June 11, 2021, alongside a one-for-three reverse stock split. The company aims to expand its visibility and attract a broader investor base, enhancing liquidity and growth potential. CEO Robert Nistico expressed gratitude towards employees and shareholders for their support. The common stock ticker 'SBEV' remains unchanged, with warrants beginning trading under 'SBEV WS' on the same date.
Splash Beverage Group (SBEV) announced a distribution agreement with Johnson Brothers to enhance the presence of its premium beverage brands, Copa di Vino and Pulpoloco Sangria, in North Carolina markets. Copa di Vino is recognized as the leading producer of premium wine by the glass in the U.S. This partnership allows SBEV to leverage Johnson Brothers' extensive network, covering key growth areas including Fayetteville and Raleigh. The collaboration aims for accelerated market entry and increased brand exposure, supported by a robust sales team and management structure.
Splash Beverage Group (SBEV) has partnered with Better Brands, a veteran distributor in South Carolina, to enhance distribution of SBEV's SALT Naturally Flavored Tequila in Myrtle Beach, which attracts over 19 million visitors yearly.
Better Brands, equipped with 19 sales reps and ongoing team expansion, aims to increase the market presence of SBEV's portfolio. CEO Robert Nistico indicates that the company is poised for significant growth, considering high-profile acquisitions to expand its brand network.