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Splash Beverage Group (NYSE: SBEV) secures global CannEpil epilepsy therapy license

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(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Splash Beverage Group has entered an exclusive worldwide licensing agreement with Argent BioPharma for CannEpil, a cannabinoid-based investigational therapy for drug-resistant epilepsy. CannEpil already has regulated patient access and reimbursement-supported use in markets such as Ireland, the United Kingdom, Germany and Australia under EU-GMP standards.

Under the deal, Splash receives global rights to develop, commercialize, market, distribute, sublicense and sell CannEpil for drug-resistant epilepsy, seizure disorders and related neurological conditions for an initial twenty-year term, including future improvements and reformulations. Consideration includes forgiveness of approximately $5 million of Argent BioPharma indebtedness and $5.5 million of newly issued Splash preferred equity, plus a 15% royalty on net revenue from worldwide CannEpil sales. An affiliate, C/M Capital Partners, has also committed a $1 million strategic investment to support regulatory, clinical and commercialization efforts.

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Insights

Splash secures a global CannEpil license with mixed cash and equity consideration.

Splash Beverage Group has obtained exclusive worldwide rights to CannEpil, a cannabinoid-based therapy for drug-resistant epilepsy with existing use in several international markets and prior FDA pre-IND engagement and IND assignment. This positions the company within neurology-focused cannabinoid therapeutics.

Economically, the deal blends multiple elements: a $1 million strategic investment from C/M Capital Partners, forgiveness of approximately $5 million of Argent BioPharma debt by Mercer Street Global Opportunity Fund, and $5.5 million of newly issued preferred equity. Argent BioPharma also receives a 15% royalty on net worldwide CannEpil revenue, aligning future economics to product performance.

The agreement grants a twenty-year initial term and sublicensing rights, which could support partnerships for U.S.-based trials and broader commercialization after additional regulatory steps. Actual financial impact will depend on Splash’s ability to fund development, navigate evolving cannabinoid regulations, and convert existing international experience into scalable, compliant revenue streams.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Strategic investment $1 million Commitment from C/M Capital Partners to support CannEpil development
Debt forgiveness Approximately $5 million Argent BioPharma indebtedness forgiven by Mercer Street Global Opportunity Fund
Preferred equity issued $5.5 million Newly issued Splash preferred equity as part of CannEpil license consideration
Royalty rate 15% of net revenue Royalty on worldwide CannEpil sales payable to Argent BioPharma
License term Twenty-year initial term Exclusive worldwide commercialization rights for CannEpil
IND status IND number assigned CannEpil engaged with FDA through pre-IND process and received IND number
exclusive global licensing agreement financial
"entered into an exclusive global licensing agreement with Argent BioPharma Limited"
drug-resistant epilepsy medical
"investigational therapeutic for the treatment of drug-resistant epilepsy (DRE)"
A form of epilepsy where seizures continue despite trying two or more standard anti-seizure medicines at appropriate doses. It matters to investors because these patients represent an unmet medical need that drives demand for new drugs, devices, and surgical or alternative treatments, influencing clinical trial opportunities, regulatory attention, and potential market size—think of it as locks that don’t open with the usual keys, creating demand for new solutions.
Investigational New Drug (IND) number regulatory
"assigned an Investigational New Drug (IND) number, providing a foundation for future U.S. clinical development"
royalty equal to 15% of net revenue financial
"through a royalty equal to 15% of net revenue generated from worldwide sales of CannEpil"
European Union Good Manufacturing Practice (EU-GMP) regulatory
"The therapy is manufactured under European Union Good Manufacturing Practice (EU-GMP) standards"
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false 0001553788 0001553788 2026-07-06 2026-07-06 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): July 6, 2026

 

SPLASH BEVERAGE GROUP, INC.

(Exact name of registrant as specified in its charter)

 

Nevada   001-40471   34-1720075

(State or other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1112 N. Flagler Drive

Fort Lauderdale, Florida

  33304
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (954) 648-7238

 

(Former name or former address, if changed since last report.): n/a

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.001 par value   SBEV   NYSE American LLC

  

 

 

Item 7.01 Regulation FD Disclosure

 

On July 6, 2026, Splash Beverage Group, Inc. issued a press release announcing an exclusive global licensing agreement with Argent BioPharma Limited (ASX/LSE: RGT). A copy of the press release is furnished as Exhibit 99.1 of this Current Report on Form 8-K.

 

The information in this Item 7.01 (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under such section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits

 

Exhibit   Description
99.1   Press Release dated July 6, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  SPLASH BEVERAGE GROUP, INC.
     
Date: July 6, 2026 By: /s/ Brady Cobb
  Name: Brady Cobb
  Title: Interim Chief Executive Officer

 

 

 

 

EXHIBIT 99.1

 

SPLASH BEVERAGE GROUP ACQUIRES EXCLUSIVE GLOBAL RIGHTS TO CANNEPIL®, AN EPILEPSY THERAPY WITH ESTABLISHED EUROPEAN PATIENT ACCESS, FDA ENGAGEMENT AND U.S. DEVELOPMENT POTENTIAL

 

FORT LAUDERDALE, FL – July 6, 2026 – Splash Beverage Group, Inc. (NYSE American: SBEV) today announced that it has entered into an exclusive global licensing agreement with Argent BioPharma Limited (ASX/LSE: RGT) for CannEpil®, a proprietary, cannabinoid-based investigational therapeutic for the treatment of drug-resistant epilepsy (DRE) in multiple European countries.

 

CannEpil is a pharmaceutical-grade cannabinoid based treatment that has been made available in multiple international markets, including Ireland, the United Kingdom, Germany and Australia. The therapy is manufactured under European Union Good Manufacturing Practice (EU-GMP) standards.

 

Drug-resistant epilepsy affects approximately 30% of epilepsy patients worldwide and remains one of the most significant unmet needs in neurology, with millions of patients continuing to experience uncontrolled seizures despite currently available therapies.

 

“The acquisition of the exclusive global rights to CannEpil is an important step in our strategy to build a differentiated cannabinoid therapeutics platform. We believe CannEpil provides Splash with an exceptional opportunity to leverage existing international commercialization while pursuing U.S. regulatory advancement and strategic pharmaceutical partnerships.”

 

“What attracted us to CannEpil is that this is not an early-stage laboratory asset. CannEpil has already been prescribed through regulated patient-access programs, has established reimbursement-supported access in Europe, has generated meaningful real-world patient experience and has already engaged with the FDA regarding its U.S. development pathway. We believe the combination of existing international utilization, regulatory progress and the significant unmet need in drug-resistant epilepsy creates a compelling opportunity to substantially build revenue and long-term shareholder value.”

 

CannEpil has achieved important commercial and regulatory milestones internationally. In Ireland, the therapy became eligible under the country’s Medicinal Cannabis Access Program (MCAP) and is supported through reimbursement mechanisms administered by Ireland’s Health Service Executive (HSE). In the United Kingdom, CannEpil has been authorized for importation and prescription through the Named Patient Request framework and has been utilized through specialist treatment pathways serving patients with severe treatment-resistant epilepsy.

 

The program has also initiated formal engagement with the U.S. Food and Drug Administration through the pre-IND process and has been assigned an Investigational New Drug (IND) number, providing a foundation for future U.S. clinical development.

 

As part of the transaction, Splash has secured a $1 million strategic investment commitment from C/M Capital Partners to support regulatory advancement, clinical development planning, commercialization initiatives and strategic partnership activities designed to accelerate the development of CannEpil in the United States and other key markets.

 

Splash intends to deploy proceeds from the strategic investment toward advancing FDA-related activities, expanding the existing clinical and real-world evidence package, engaging leading U.S. epilepsy investigators and identifying a strategic pharmaceutical development partner capable of supporting future U.S.-based clinical trials.

 

TRANSACTION DETAILS

 

Under the terms of the agreement, Splash has acquired exclusive worldwide rights to develop, commercialize, market, distribute, sublicense and sell CannEpil® for the treatment of drug-resistant epilepsy, refractory epilepsy, seizure disorders and related neurological conditions.

 

The license encompasses all global territories and includes rights to future product improvements, reformulations and next-generation product developments within the licensed field.

 

 

 

In addition to its affiliate’s $1 million capital infusion described above and as consideration for the transaction, Mercer Street Global Opportunity Fund agreed to forgive approximately $5 million of Argent BioPharma indebtedness and Splash agreed to issue to $5.5 million of newly issued Splash preferred equity as part of the consideration for the license, aligning stakeholders behind the future development and commercialization of the CannEpil platform.

 

Argent BioPharma is incentivized to continue to participate in the long-term success of the program through a royalty equal to 15% of net revenue generated from worldwide sales of CannEpil.

 

The agreement grants Splash exclusive worldwide commercialization rights for an initial twenty-year term and includes rights to sublicense the technology to strategic pharmaceutical partners globally.

 

About Splash Beverage Group, Inc.

 

Splash Beverage Group, Inc. (NYSE American: SBEV) is a publicly traded company headquartered in Fort Lauderdale, Florida. The Company is pursuing a strategic transformation toward becoming a cannabinoid health, wellness, and biopharmaceutical platform through disciplined capital allocation, strategic investments, acquisitions, and other platform-building initiatives.

 

More Information

 

Splash Beverage Group

 

Contact Information

 

Splash Beverage Group
Info@SplashBeverageGroup.com

 

Media Contact

 

Angela Gorman
AMWPR
angela@amwpr.com
917-348-0083

 

Cautionary Note Regarding Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s acquisition of an exclusive worldwide license to CannEpil and the intended uses and benefits of the license including its potential to substantially build revenue and long-term shareholder value, long-term shareholder value, the potential prospects and demand for the licensed product, progress and plans with respect to the development and commercialization of the product, and C/M Capital’s commitment to invest $1 million to support the development of the program. Forward-looking statements are prefaced by words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “should,” “would,” “intend,” “potential,” “believe,” “estimate,” “forecast,” “project,” and similar words.

 

Forward-looking statements are based on current expectations and assumptions regarding the Company’s business and future conditions and are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. Actual results may differ materially from those contemplated by such forward-looking statements due to a variety of factors, including, without limitation, the possibility that the license does not yield the benefits anticipated or sought, the risk that we and the licensor are not able to obtain, maintain or protect intellectual property rights in the licensed product in jurisdictions in which we seek to develop and commercialize the product and that competitors market the same or similar products, our ability to raise the capital necessary to develop and commercialize the product and otherwise meet our working capital needs, our need to comply with extensive regulations including clinical testing before we can market the product in applicable jurisdictions including the U.S., our ability to recommence revenue generating activities with our limited staffing, , and the status of evolving regulatory conditions within the cannabinoid and wellness industries.

 

Additional information concerning these and other risk factors is contained in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2025 and the Final Prospectus on Form 424B3 filed on June 26, 2026. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments, or otherwise, except as required by law.

 

 

FAQ

What transaction did Splash Beverage Group (SBEV) announce regarding CannEpil?

Splash Beverage Group announced an exclusive worldwide license for CannEpil, a cannabinoid-based investigational therapy for drug-resistant epilepsy. The deal gives Splash rights to develop, commercialize, market, distribute, sublicense and sell CannEpil for seizure-related neurological conditions globally.

How is the CannEpil licensing deal between SBEV and Argent BioPharma structured financially?

The deal includes forgiveness of approximately $5 million of Argent BioPharma indebtedness, issuance of $5.5 million of newly issued Splash preferred equity, and a 15% royalty on net revenue from worldwide CannEpil sales, plus a separate $1 million strategic investment commitment from C/M Capital Partners.

What existing regulatory and commercial progress does CannEpil have before Splash’s license?

CannEpil is manufactured under EU-GMP standards and already has regulated patient access in Ireland, the United Kingdom, Germany and Australia. It has reimbursement-supported access in Ireland’s MCAP program and has an assigned Investigational New Drug number following pre-IND engagement with the U.S. Food and Drug Administration.

How does Splash Beverage Group plan to use the $1 million strategic investment for CannEpil?

Splash plans to direct the $1 million strategic investment from C/M Capital Partners toward FDA-related activities, expanding clinical and real-world evidence, engaging leading U.S. epilepsy investigators, and identifying a strategic pharmaceutical partner to support potential future U.S.-based clinical trials.

What are the key economic incentives for Argent BioPharma in the CannEpil deal with SBEV?

Argent BioPharma benefits from approximately $5 million of debt forgiveness, $5.5 million of Splash preferred equity, and a 15% royalty on net revenue from worldwide CannEpil sales. These terms give Argent ongoing exposure to the therapy’s future commercial performance alongside immediate balance sheet relief.

How long does Splash Beverage Group’s exclusive CannEpil license last and what rights are included?

The license grants Splash exclusive worldwide commercialization rights for an initial twenty-year term. It covers development, marketing, distribution, sublicensing and sales of CannEpil for drug-resistant epilepsy, seizure disorders and related neurological conditions, including rights to future product improvements and reformulations.

Filing Exhibits & Attachments

4 documents