Splash Beverage: Meissner discloses 23.8% via 750k warrants, options
Rhea-AI Filing Summary
Splash Beverage Group (SBEV): William R. Meissner filed a Schedule 13D reporting beneficial ownership of 752,500 shares, equal to 23.8% of the class. The stake consists of 750,000 five-year warrants exercisable at $0.80 per share received on July 31, 2025, plus 2,500 stock options with a $104.00 exercise price. He holds sole voting and dispositive power over these securities and states he acquired them with the purpose of exercising control.
The ownership percentage is calculated against 2,414,226 shares outstanding as of October 17, 2025. The filing notes SEC rules can inflate individual beneficial ownership due to including securities exercisable within 60 days, and that simultaneous filings by others could show multiple holders above 20% when viewed individually.
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Insights
13D discloses a control‑intent stake via warrants and options.
William R. Meissner reports beneficial ownership of 752,500 shares, or 23.8%, built primarily from 750,000 five-year warrants at $0.80 per share, plus 2,500 options at $104.00. He has sole voting and dispositive power and states a purpose of exercising control.
The percentage uses 2,414,226 shares outstanding as of October 17, 2025. SEC 60‑day rules include exercisable instruments, which can elevate reported percentages; the text also notes other concurrent holders may appear above 20% individually.
Potential effects depend on exercise decisions and any subsequent sales. The event date is July 31, 2025 for the warrant grant; subsequent filings may detail changes in ownership levels or warrant exercises.