Splash beverage group announces closing of its previously announced $9.2 million underwritten public offering and full exercise of underwriters' over-allotment option

Fort lauderdale, florida, feb. 17, 2022 (globe newswire) -- splash beverage group, inc. (nyse american: sbev) (the “company” or “splash beverage group”), a portfolio company of leading beverage brands, today announced the closing of its previously announced underwritten public offering of 2,300,000 shares of common stock (the "common stock"), which included the full exercise of the underwriters' over-allotment option, at a public offering price of $4.00 per share, for aggregate gross proceeds of approximately $9.2 million, prior to deducting underwriting discounts, commissions, and other offering expenses.
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