07/21/2026 | Press release | Distributed by Public on 07/21/2026 14:32
Item 1.01 Entry into a Material Definitive Agreement.
On July 15, 2026, Splash Beverage Group, Inc. (the "Company") entered into amendments to certain settlement agreements, which the Company had previously entered into with three separate prior investors of the Company (the "Investors") in February 2026. Pursuant to the amendments, the Company and each Investor agreed to extend the due date for the remaining settlement payments payable by the Company to provide that 50% of the remaining unpaid settlement payments, or a total of $137,797.54, shall be paid on July 15, 2026 (which the Company paid on that date), and the remaining 50% of the unpaid settlement payments, or a total of $137,797.54, shall be due on July 31, 2026, with interest accruing thereon at a rate of 12% per annum and reasonable attorney's fees incurred by the Investors. The Company had previously agreed to pay installments to each investor totaling $100,000 by June 30, 2026 and $137,797.54 by July 15, 2026. The settlement agreements relate to amounts invested by the Investors in October 2024 in connection with agreements which the Investors claimed the Company had breached.