Splash beverage group inc. announces closing of $15.0 million public offering and uplisting to nyse american

Fort lauderdale, florida, june 15, 2021 (globe newswire) -- splash beverage group, inc. (nyse american: sbev) (the “company”) ( https://www.splashbeveragegroup.com ), a portfolio company of leading beverage brands, today announced the closing of an underwritten public offering of 3,750,000 shares of common stock and warrants to purchase up to 3,750,000 shares of common stock at a public offering price of $4.00 per share and accompanying warrant. each warrant is exercisable at a price of $4.60 per share and will expire five years from issuance. in addition, the company granted the underwriters a 45-day option to purchase up to an additional 562,500 shares of common stock and warrants to purchase up to 562,500 shares of common stock at the public offering price less the underwriting discounts and commissions. the common stock and warrants separated upon the closing of the offering and were issued separately.
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