Splash Beverage Group Files Definitive Proxy Statement

TL;DR

Splash Beverage Group (SBEV) filed its DEF 14A proxy statement. Get ready to vote!

AI Summary

Splash Beverage Group, Inc. filed a Definitive Proxy Statement (DEF 14A) on October 18, 2024, for its annual meeting of stockholders. The filing details the company's governance and proposals to be voted on by shareholders. The company is incorporated in Nevada and its fiscal year ends on December 31.

Why It Matters

This filing provides shareholders with crucial information regarding company management, board proposals, and voting rights, enabling informed participation in corporate governance.

Risk Assessment

Risk Level: medium — DEF 14A filings are standard disclosures, but the underlying company's financial health and operational risks can influence the overall investment risk.

Key Numbers

• 1231 — Fiscal Year End (Indicates the end of the company's financial reporting year.)

Key Players & Entities

• SPLASH BEVERAGE GROUP, INC. (company) — Registrant
• 0001731122-24-001618 (filing_id) — Accession Number
• 20241018 (date) — Filing Date
• 1314 E LAS OLAS BLVD, SUITE 221 (address) — Business Address
• FORT LAUDERDALE (city) — Business Address City
• NV (state) — State of Incorporation

FAQ

Filing Documents

• e6040_def14a.htm (DEF 14A) — 1183KB
• image_001.jpg (GRAPHIC) — 22KB
• image_002.jpg (GRAPHIC) — 20KB
• image_003.jpg (GRAPHIC) — 44KB
• image_004.jpg (GRAPHIC) — 44KB
• 0001731122-24-001618.txt ( ) — 1364KB

Legal Proceedings

Legal Proceedings 6 Board Committees 7 Audit Committee 7 Nominating and Corporate Governance Committee 7 Compensation Committee 8 Compensation Committee Interlocks and Insider Participation 9 Director Compensation 9 Audit Committee Report 10 Directors and Executive Officers 11

Executive Compensation

Executive Compensation 13 Summary Compensation Table 13 Employment Agreements 13 Equity Compensation Plan Information 14 Outstanding Equity Awards at December 31, 2023 15 Pension Benefits 15 Potential Payments Under Severance/Change in Control Arrangements 15 Pay versus Performance Information 17 Principal Stockholders 21 Certain Relationships and Related Transactions 22 Principal Accounting Fees and Services 22 Proposal 1 — Election of Directors 23 Proposal 2 — Rose, Snyder & Jacobs Proposal 24 Proposal 3 — Issuance of Shares Pursuant to Certain Adjustments Proposal 26 Proposal 4 — Issuance Proposal 29 Other Matters 32 Annual Report on Form 10-K 32 Householding of Proxy Materials 32 Proposals of Stockholders 32 Additional Information 32 Where You Can Find More Information 33 Stockholders Should Read the Entire Proxy Statement Carefully Prior to Returning Their Proxies i PROXY STATEMENT FOR ANNUAL MEETING OF STOCKHOLDERS GENERAL The enclosed proxy is solicited on behalf of the Board of Directors (the “Board”) of Splash Beverage Group, Inc. for use at our 2024 Annual meeting of stockholders to be held in a virtual-only (online) meeting format via live webcast on the Internet on November 15, 2024, at 10:00 a.m. Eastern Time. Voting materials, including this proxy statement and proxy card, are expected to be first delivered to all or our stockholders on or about October 18, 2024. QUESTIONS AND ANSWERS Following are some commonly asked questions raised by our stockholders and answers to each of those questions. What may I vote on at the annual meeting? At the annual meeting, stockholders will consider and vote upon the following matters: to elect four directors to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified; to ratify and approve the appointment of Rose, Snyder & Jacobs LLP as Company&rsq

Legal Proceedings

Legal Proceedings None of the Company’s current directors or executive officers have been involved, in the past ten years and in a manner material to an evaluation of such director’s or officer’s ability or integrity to serve as a director or executive officer, in any of those “Certain Legal Proceedings” more fully detailed in Item 401(f) of Regulation S-K, which include but are not limited to, bankruptcies, criminal convictions and an adjudication finding that an individual violated federal or state securities laws. 6 BOARD COMMITTEES Our Board of Directors has formed three standing committees: audit, compensation, and nominating and corporate governance. Actions taken by our committees are reported to the full board. Each of our committees has a charter and each charter is posted on our website, www.splashbeveragegroup.com. As of October 8, 2024, each of our committees is composed of: Audit Committee Nominating and Corporate Governance Committee Compensation and Management Resources Committee Bill Caple* Bill Caple* Bill Caple* John Paglia John Paglia John Paglia * Indicates committee chair Audit Committee We have separately designated an Audit Committee. The Audit Committee is responsible for, among other things, the appointment, compensation, removal and oversight of the work of the Company’s independent registered public accounting firm, overseeing the accounting and financial reporting process of the Company, and reviewing related person transactions. During 2023, our Audit Committee was comprised of Candace Crawford and Peter McDonough. In June 2023, Bill Caple was appointed as the third member of the Audit Committee. In February of 2024, John Paglia was appointed as a member of the board of Directors and added to the Audit Committee. Under NYSE listing standards and applicable SEC rules, all the directors on the audit committee must be independent and we are required to maintain an audit commi

View Full Filing

View this DEF 14A filing on SEC EDGAR