Private fund buys new Splash Beverage (NYSE American: SBEV) shares
Rhea-AI Filing Summary
SPLASH BEVERAGE GROUP, INC. (symbol EDVA), whose registrant name in this report is Endovia Health Sciences, Inc., reported an unregistered equity financing. On August 25, 2026, the company sold and issued 510,951 shares of common stock to C/M Capital Master Fund, LP under a previously executed Securities Purchase Agreement dated September 19, 2025, generating gross proceeds of $107,610.62.
The shares were issued in reliance on exemptions from registration under Section 4(a)(2) of the Securities Act of 1933 and Rule 506(b). The purchaser’s resales of these shares are covered by the company’s Form S-1 registration statement (File No. 333-298112), which became effective on August 24, 2026.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 3.02 — Unregistered Sales of Equity Securities
1 item
Item 3.02
Unregistered Sales of Equity Securities
Securities
The company sold equity securities in a private placement or other unregistered transaction.
Key Figures
Shares of common stock issued: 510,951 shares
Gross proceeds: $107,610.62
Securities Purchase Agreement date: September 19, 2025
+2 more
5 metrics
Shares of common stock issued
510,951 shares
Issued on August 25, 2026 to C/M Capital Master Fund, LP
Gross proceeds
$107,610.62
Consideration for 510,951 shares of common stock
Securities Purchase Agreement date
September 19, 2025
Agreement governing the August 25, 2026 share issuance
Form S-1 File Number
333-298112
Registration statement covering purchaser’s resales of the shares
Form S-1 effectiveness date
August 24, 2026
Date the resale registration statement became effective
Key Terms
Securities Purchase Agreement, Section 4(a)(2), Rule 506(b), registration statement on Form S-1, +1 more
5 terms
Securities Purchase Agreement financial
"pursuant to that certain Securities Purchase Agreement dated September 19, 2025"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.
Section 4(a)(2) regulatory
"exemption from registration provided under Section 4(a)(2) of the Securities Act of 1933"
Section 4(a)(2) is a part of U.S. securities laws that allows companies to sell their stock directly to certain investors without registering the sale with regulators. This process is often used for private placements, making it easier and faster for companies to raise money from knowledgeable or institutional investors. It matters to investors because it provides an alternative way to buy shares, often with fewer disclosures and lower costs.
Rule 506(b) regulatory
"and Rule 506(b) promulgated thereunder"
Rule 506(b) is a U.S. securities exemption that lets companies sell shares or debt privately without full public registration, provided sales are primarily to accredited investors, up to 35 non‑accredited but financially knowledgeable buyers, and there is no public advertising or solicitation. It matters to investors because offerings under 506(b) usually include less public disclosure than registered securities—like buying from a private seller rather than a retail store—so buyers must do more of their own fact‑checking and rely on their financial sophistication.
registration statement on Form S-1 regulatory
"registered on the Company’s registration statement on Form S-1 (File No. 333-298112)"
A registration statement on Form S-1 is a detailed filing a company submits to the U.S. securities regulator to register new shares for public sale; it includes a plain-language prospectus, financial statements, business description and risk factors. For investors it matters because it provides the official, comprehensive blueprint of the offering — like an owner’s manual — allowing buyers to assess risks, inspect financial health and compare valuation before deciding to invest.
gross proceeds financial
"for total gross proceeds of $107,610.62"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.
FAQ
What equity financing did EDVA report on August 25, 2026?
The company sold and issued 510,951 shares of common stock to C/M Capital Master Fund, LP under a Securities Purchase Agreement dated September 19, 2025, for gross proceeds of $107,610.62.
How much cash did EDVA receive from the August 25, 2026 stock sale?
The transaction generated gross proceeds of $107,610.62 from the sale and issuance of 510,951 shares of common stock to C/M Capital Master Fund, LP.
What is the trading symbol and listing venue for EDVA common stock?
The company’s common stock, par value $0.001, trades under the symbol SBEV on the NYSE American LLC.
AI-generated analysis. How Rhea-AI works. Not financial advice.
