NetworkNewsBreaks –Splash Beverage Group Inc. (N
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Posted On: 06/16/2021 3:55:43 PM
NetworkNewsBreaks –Splash Beverage Group Inc. (NYSE American: SBEV) Closes on $15M Public Offering, Uplists to NYSE American
Splash Beverage (NYSE American: SBEV), a portfolio company of leading beverage brands, announced that it had closed on an underwritten public offering. The offering, which resulted in $15 million for the company before deductions, was comprised of 3,750,000 shares of common stock along with warrants to purchase another 3,750,000 shares of common stock. The price per share is $4; the warrants are also $4 each. The warrants are exercisable at $4.60 per share and will expire five years from issuance. According to the announcement, SBEV also granted the underwriters an option to purchase up to an additional 562,500 shares of common stock along with the same number of warrants. The common stock and warrants were issued separately. Splash Beverage also announced that its common stock and warrants began trading on the NYSE American, effective June 11, 2021; symbols for the stocks and warrants were SBEV and SBEV.WS respectively.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Splash Beverage (NYSE American: SBEV), a portfolio company of leading beverage brands, announced that it had closed on an underwritten public offering. The offering, which resulted in $15 million for the company before deductions, was comprised of 3,750,000 shares of common stock along with warrants to purchase another 3,750,000 shares of common stock. The price per share is $4; the warrants are also $4 each. The warrants are exercisable at $4.60 per share and will expire five years from issuance. According to the announcement, SBEV also granted the underwriters an option to purchase up to an additional 562,500 shares of common stock along with the same number of warrants. The common stock and warrants were issued separately. Splash Beverage also announced that its common stock and warrants began trading on the NYSE American, effective June 11, 2021; symbols for the stocks and warrants were SBEV and SBEV.WS respectively.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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