SBEV director Yorke reports 28.6% beneficial ownership in 13D
Rhea-AI Filing Summary
Splash Beverage Group (SBEV): Schedule 13D filed by director Justin W. Yorke. The filing reports beneficial ownership of 907,979 shares, representing 28.6% of the company’s 2,414,226 shares outstanding as of October 17, 2025. The stake includes securities currently held and those issuable under vested instruments calculated per SEC rules.
Yorke’s holdings comprise 6,242 common shares, 137,153 shares indirectly through Richland Fund, LLC, 8,333 warrants (exercise price $30.00), 3,125 options (exercise price $104.00), 3,125 options (exercise price $44.80), and 750,000 five-year warrants with an exercise price of $0.80 received on July 31, 2025. The filing states the securities were acquired with the purpose of exercising control.
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Insights
Large 13D: 28.6% stake with stated control intent.
Justin W. Yorke, a director, reports beneficial ownership of 28.6% (beneficially owned shares: 907,979) of Splash Beverage Group, calculated against 2,414,226 shares outstanding as of October 17, 2025. The position blends common shares, indirect holdings, options, and warrants, consistent with SEC 60‑day exercisability rules.
Key components include $0.80 five‑year warrants for 750,000 shares received on July 31, 2025, alongside higher‑strike legacy options and warrants. The filing states the purpose is exercising control, which can signal potential influence on governance or strategy.
Actual implications depend on instrument terms and exercise decisions. Subsequent company disclosures may indicate any changes in board actions or capital structure tied to these securities.