Splash beverage group announces pricing of $8 million underwritten public offering

Fort lauderdale, florida, feb. 14, 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 pricing of its underwritten public offering of 2,000,000 shares of common stock (the "common stock") at a public offering price of $4.00 per share, for aggregate gross proceeds of approximately $8 million, prior to deducting underwriting discounts, commissions, and other offering expenses. in addition, the company has granted the underwriters a 45-day option to purchase up to an additional 300,000 shares of common stock at the public offering price per share, less the underwriting discounts and commissions, to cover over-allotments, if any.
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