Splash Beverage (NYSE: SBEV) withdraws Series A preferred stock
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Splash Beverage Group, Inc. filed an 8-K describing a change to its capital structure. On April 17, 2026, the company filed a Certificate of Withdrawal with the Nevada Secretary of State, terminating the designation of its Series A Preferred Stock, par value $0.001 per share.
At the time of this filing, there were no Series A preferred shares issued or outstanding. The withdrawal became effective upon filing and removed from the Articles of Incorporation all provisions contained in the prior Certificate of Designation for the Series A series. The full text is included as Exhibit 3.1.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.03, 9.01
2 items
Item 5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Withdrawal date: April 17, 2026
Series A par value: $0.001 per share
Series A shares outstanding: 0 shares
3 metrics
Withdrawal date
April 17, 2026
Date Certificate of Withdrawal was filed in Nevada
Series A par value
$0.001 per share
Par value of the Series A Preferred Stock designation terminated
Series A shares outstanding
0 shares
No Series A Preferred shares issued or outstanding at time of withdrawal
Key Terms
Certificate of Withdrawal, Series A Preferred Stock, Articles of Incorporation, Certificate of Designation, +1 more
5 terms
Certificate of Withdrawal regulatory
"filed a Certificate of Withdrawal (the “Withdrawal of Designation”) with the Secretary of State"
Series A Preferred Stock financial
"terminated the designation of its Series A Preferred Stock, par value $0.001 per share"
Series A preferred stock is a type of ownership share in a company that gives investors certain advantages, such as priority in receiving profits or getting their money back if the company is sold or goes bankrupt. It is often issued during early funding stages to attract investors by offering more security than common shares. This stock matters to investors because it provides a safer way to invest while still holding potential for future gains.
Articles of Incorporation regulatory
"eliminated from the Articles of Incorporation all matters as set forth in the Certificate of Designation"
A formal legal document filed with a government authority that creates a corporation and sets its basic rules — for example the company name, business purpose, how many ownership shares can exist, and who can receive legal notices. It matters to investors because it defines ownership structure, voting rights, and limits on liability, shaping who controls the company and how future shares or dividends can affect an investor’s stake; think of it as the company’s birth certificate and rulebook.
Certificate of Designation regulatory
"all matters as set forth in the Certificate of Designation of the Series A"
A certificate of designation is a formal document that spells out the specific rights and rules attached to a particular class or series of stock, usually preferred shares. Think of it as a rulebook or menu that lists dividend terms, liquidation priority, conversion or redemption rights and any special voting protections; investors use it to judge how much income, control or downside protection those shares will provide compared with other securities.
emerging growth company regulatory
"Emerging growth company Item 5.03 Amendments to Articles of Incorporation"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What did Splash Beverage Group (SBEV) disclose in this 8-K?
Splash Beverage Group disclosed that it filed a Certificate of Withdrawal in Nevada, terminating the designation of its Series A Preferred Stock. The change became effective upon filing and removes all Series A-related provisions from the company’s Articles of Incorporation, as detailed in Exhibit 3.1.
What happened to Splash Beverage Group’s Series A Preferred Stock?
Splash Beverage Group terminated the designation of its Series A Preferred Stock by filing a Certificate of Withdrawal with the Nevada Secretary of State. At the time of filing, there were no Series A shares issued or outstanding, and all Series A provisions were eliminated from the Articles of Incorporation.
When did Splash Beverage Group file the Certificate of Withdrawal for Series A?
Splash Beverage Group filed the Certificate of Withdrawal for its Series A Preferred Stock on April 17, 2026. That filing with the Nevada Secretary of State became effective immediately, removing the prior Series A Certificate of Designation from the company’s Articles of Incorporation, as referenced in Exhibit 3.1.
Where can investors find the full text of Splash Beverage’s Series A Withdrawal?
The full text of the Series A Preferred Stock Withdrawal is attached as Exhibit 3.1 to the report. The company stated that its brief description is qualified in its entirety by reference to that exhibit, which contains the complete Certificate of Withdrawal language filed in Nevada.