| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
Common Stock, $0.001 par value |
| (b) | Name of Issuer:
SPLASH BEVERAGE GROUP, INC. |
| (c) | Address of Issuer's Principal Executive Offices:
1314 E Las Olas Blvd., Suite 221, Ft. Lauderdale,
FLORIDA
, 33301. |
Item 1 Comment:
This Schedule 13D relates to the common stock, par value $0.001 per share, of Splash Beverage Group, Inc., a Nevada corporation (the "Issuer"). The Issuer's principal executive offices are located at 1314 E Las Olas Blvd., Suite 221, Ft. Lauderdale, Florida 33301. The shares beneficially owned include shares of common stock issuable upon exercise of warrants issued to the Issuer's officers, directors and certain employees as of July 31, 2025. All of the warrants are fully vested with one exception. The warrants held by the Reporting Person are fully vested. Because of the Rules of the Securities and Exchange Commission, in calculating beneficial ownership, the common stock which could be exercised or converted in 60 days is deemed to be beneficially owned by a person. However, the underlying common stock issuable to other persons is not included in a reporting person's calculations. In this Schedule 13D and others being filed at about the same time, a number of people will each report beneficial ownership over 20%; if they were all aggregated, the beneficial ownership percentage would be reduced. Further if other derivative securities were included and beneficial ownership limitations of certain third parties were disregarded, the percentages reflected in this Schedule 13D would be reduced even further. |
| Item 2. | Identity and Background |
|
| (a) | Devereux William T |
| (b) | The address is 1314 E Las Olas Blvd., Suite 221, Ft. Lauderdale, Florida 33301. |
| (c) | Mr. Devereux is the Chief Financial Officer of Splash Beverage Group, Inc. |
| (d) | During the past five years the Reporting Persons has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) nor was the Reporting Person a party to a civil proceeding or a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoying future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. |
| (e) | During the past five years the Reporting Persons has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoying future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. |
| (f) | United States. |
| Item 3. | Source and Amount of Funds or Other Consideration |
| | On July 31, 2025, the Reporting Person received 1,000,000 warrants to purchase shares of the Issuer's common stock. |
| Item 4. | Purpose of Transaction |
| | The Reporting Person is the Chief Financial Officer of the Issuer. He acquired all of his securities in connection with his employment. As Chief Financial Officer, he is deemed to be an affiliate as that term is defined under the Securities Act of 1933. |
| Item 5. | Interest in Securities of the Issuer |
| (a) | The Reporting Person beneficially owns (i) 15,000 shares of common stock issuable upon exercise of five-year stock options, which vest as follows: 5,000 completely vested, 5,000 shall vest on March 20, 2026 and 5,000 shall vest on March 20, 2027, with an exercise price of $6.04 per share and (ii) 1,000,000 shares of common stock issuable upon exercise of five-year warrants to purchase shares of the Issuer's common stock with an exercise price of $0.80 per share. The above number of shares amounts to approximately 29.4% of the 2,414,226 outstanding shares of common stock as of October 17, 2025. |
| (b) | The Reporting Person has the sole power to vote or to direct the vote, sole power to dispose or to direct the disposition of all shares beneficially owned by the Reporting Person. |
| (c) | Except as described in this Schedule 13D under Item 3 above, the Reporting Person did not engage in any transactions in shares of the Company's common stock during the past 60 days. |
| (d) | Not applicable. |
| (e) | Not applicable. |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
| | Not applicable. |
| Item 7. | Material to be Filed as Exhibits. |
| | Not applicable. |
