SBEV: Frederick W. Caple files 13D, reports 24.1% beneficial stake

Rhea-AI Filing Summary

Frederick William Caple filed a Schedule 13D for Splash Beverage Group (SBEV), reporting beneficial ownership of 24.1%. The filing cites sole voting and dispositive power over the reported securities and states that his purpose is exercising control.

His holdings include 750,000 five-year warrants with an exercise price of $0.80 per share, stock options for 3,125 shares at $50.40, and options for 15,000 shares at $13.60 (5,000 immediately and 1,250 per quarter over eight quarters), plus 1,875 common shares. The filing references 2,414,226 shares outstanding as of October 17, 2025 to frame the ownership percentage, and notes the warrants were received on July 31, 2025.

Insights

Equity ownership & governance analyst

13D signals a control-oriented intent with a sizable stake.

Frederick William Caple reports beneficial ownership of 24.1% in Splash Beverage Group, a level that can be influential in corporate matters. The filing explicitly states his purpose as exercising control, which distinguishes this from passive 13G disclosures.

The stake is heavily composed of derivative securities, notably 750,000 five-year warrants at $0.80 and options at $13.60 and $50.40. Beneficial ownership under SEC rules includes securities exercisable within 60 days; the filing provides the components used to arrive at the percentage relative to 2,414,226 shares outstanding as of October 17, 2025.

Actual influence depends on exercise and voting mechanics as disclosed. Subsequent company filings may update ownership levels or derivative exercises.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

SPLASH BEVERAGE GROUP, INC.

(Name of Issuer)

Common Stock, $0.001 par value

(Title of Class of Securities)

84862C302

(CUSIP Number)

Constantine Christakis, Esq.
3001 PGA Blvd., Suite 305
Palm Beach Gardens, FL, 33410
561-686-3307

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

07/31/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. 84862C302

1

Name of reporting person

Caple Frederick William

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 767,500.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 767,500.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

767,500.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

24.1 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

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)	Frederick William Caple
(b)	The address is 1314 E Las Olas Blvd., Suite 221, Ft. Lauderdale, Florida 33301.
(c)	Mr. Caple is a director 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 750,000 warrants to purchase shares of the Issuer's common stock.
Item 4.	Purpose of Transaction
	The Reporting Person is a director of the Issuer. He acquired all of his securities with the purpose of exercising control.
Item 5.	Interest in Securities of the Issuer
(a)	The Reporting Person beneficially owns indirectly through SNS Universal Solutions, LLC, an entity Mr. Caple controls (i) 1,875 shares of the Issuer's common stock, (ii) 3,125 shares of common stock issuable upon exercise of stock options to purchase shares of the Issuer's common stock with an exercise price of $50.40 per share, (iii) 15,000 shares of common stock issuable upon exercise of stock options to purchase shares of the Issuer's common stock, which vest as follows: 5,000 immediately and 1,250 per quarter for the next 8 quarters, with an exercise price of $13.60 per share and (iv) 750,000 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 24.1% 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.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Caple Frederick William

Signature:	/s/ Frederick William Caple
Name/Title:	Frederick William Caple/Individually
Date:	10/21/2025

FAQ

What stake did Frederick William Caple report in SBEV on his Schedule 13D?

He reported beneficial ownership of 24.1% of Splash Beverage Group’s common stock.

What securities comprise Caple’s reported SBEV position?

Holdings include 750,000 warrants at $0.80, options for 3,125 shares at $50.40, options for 15,000 shares at $13.60 (with staged vesting), and 1,875 common shares.

What is the reference share count used to calculate the 24.1% for SBEV?

The filing references 2,414,226 shares outstanding as of October 17, 2025.

Did Caple indicate his purpose for holding SBEV securities?

Yes. He stated he acquired the securities with the purpose of exercising control.

When did Caple receive the 750,000 SBEV warrants?

He received 750,000 warrants on July 31, 2025.

Does Caple have voting and dispositive power over the reported SBEV securities?

Yes. The filing states sole voting and sole dispositive power over the reported securities.