Splash Beverage Group Files S-1 for Share Registration

TL;DR

Splash Beverage Group filed an S-1, likely prepping for a new share offering. Watch this space.

AI Summary

Splash Beverage Group, Inc. filed an S-1 registration statement on December 9, 2024, to register an unspecified number of common shares. The company, previously known as Canfield Medical Supply, Inc., is incorporated in Nevada and headquartered in Fort Lauderdale, Florida. Robert Nistico serves as the Chief Executive Officer.

Why It Matters

This S-1 filing indicates Splash Beverage Group is preparing to offer more shares to the public, which could impact its stock price and ownership structure.

Risk Assessment

Risk Level: medium — S-1 filings often precede stock offerings, which can dilute existing shareholders or signal a need for capital, carrying inherent investment risks.

Key Numbers

• 333-283674 — SEC File Number (Identifies this specific registration statement)
• 241533741 — Film Number (Internal SEC processing number)

Key Players & Entities

• SPLASH BEVERAGE GROUP, INC. (company) — Registrant
• Robert Nistico (person) — Chief Executive Officer
• Canfield Medical Supply, Inc. (company) — Former company name
• Nevada (jurisdiction) — State of incorporation
• Fort Lauderdale, Florida (location) — Principal executive offices
• December 9, 2024 (date) — Filing date

FAQ

Key Financial Figures

• $0.001 — 2,163 shares of common stock, par value $0.001 per share (“Common Stock”)
• $0.1880 — ed sales price for our common stock was $0.1880 per share. The applicable prospectus su
• $1,863,486.75 — rants, or an aggregate of approximately $1,863,486.75. Please see the section entitled &ldquo

Filing Documents

• e6165_s-1.htm (S-1) — 1898KB
• e6165_ex5-1.htm (EX-5.1) — 7KB
• e6165_ex23-2.htm (EX-23.2) — 4KB
• e6165_ex23-3.htm (EX-23.3) — 4KB
• e6165_ex107.htm (EX-FILING FEES) — 44KB
• image_001.jpg (GRAPHIC) — 21KB
• image_002.jpg (GRAPHIC) — 21KB
• image_003.jpg (GRAPHIC) — 18KB
• image_004.jpg (GRAPHIC) — 20KB
• image_005.jpg (GRAPHIC) — 7KB
• 0001731122-24-001951.txt ( ) — 2079KB

USE OF PROCEEDS

USE OF PROCEEDS 22 PLAN OF DISTRIBUTION 22 SELLING STOCKHOLDERS 50 LEGAL MATTERS 53 EXPERTS 54 WHERE YOU CAN FIND MORE INFORMATION 54 INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE 54 We are offering to sell, and seeking offers to buy, our securities only in jurisdictions where such offers and sales are permitted. You should rely only on the information contained in this Prospectus. We have not authorized anyone to provide you with any information other than the information contained in this Prospectus. The information contained in this Prospectus is accurate only as of the date of this Prospectus or such other date stated in this Prospectus, regardless of the time of our delivery or of any sale or delivery of our securities and our business, financial condition, results of operations and/or prospects may have changed since those dates. Neither the delivery of this Prospectus nor any sale or delivery of our securities shall, under any circumstances, imply that there has been no change in our affairs since the date of this Prospectus. This Prospectus will be updated and made available for delivery to the extent required by the federal securities laws. Unless otherwise indicated, data contained in this Prospectus concerning our business are based on information from various public sources. Although we believe that these data are generally reliable, such information is inherently imprecise, and our estimates and expectations based on these data involve a number of assumptions and limitations. As a result, you are cautioned not to give undue weight to such data, estimates or expectations. In this Prospectus, unless the context indicates otherwise, references to “Splash”, “we”, the “Company,” “our” and “us” refer to the activities of and the assets and liabilities of the business and operations of Splash Beverage Group, Inc. Any market or in

forward-looking statements, whether because of new information, future events or otherwise, except as required by law

forward-looking statements, whether because of new information, future events or otherwise, except as required by law. Factors that might cause these differences include the following: the factors referenced in this Prospectus, including those set forth under "Risk Factors" in this Prospectus; our ability to consummate this offering and realize the anticipated benefits of this offering; risks associated with our ability to consummate this offering; unexpected costs or unexpected liabilities that may arise from this offering, whether or not completed; the expected growth of our business and our Company; estimates of our total addressable market and our expectations about market trends; whether we are able to achieve commercial success and market acceptance for our products; our expectations regarding competitive companies and technologies and our industry generally; the impact on our business, financial condition and results of operation from COVID-19, or any pandemic, epidemic or outbreak of an infectious disease in the United States or worldwide; our ability to manage and grow our business by expanding our commercial organization and increasing our sales to existing and new customers in current and new geographies; our ability to manufacture sufficient quantities of our products with sufficient quality; iii our ability to accurately forecast customer demand for our products and manage our inventory; our ability to establish and maintain intellectual property protection for our products or avoid future claims of infringement; U.S. or foreign regulatory actions affecting us or the beverage industry generally; the timing or likelihood of regulatory filings and approvals; our ability to hire and retain key personnel; our ability to obtain additional financing in this or future offerings; the volatility of the trading price of our common stock; our expectations regarding the use of proceeds from this offering; and our compliance

financial statements and the related notes included elsewhere in this Prospectus, before making an investment decision

financial statements and the related notes included elsewhere in this Prospectus, before making an investment decision. About Us – Company Overview We are a portfolio company managing multiple brands across several growth segments within the consumer beverage industry. Splash has built organizational capabilities and an infrastructure enabling it to incubate and/or acquire brands with the intention of efficiently accelerating them to higher volume and sales revenue. The management team has proven capabilities in building consumer franchises and marketing and distributing multiple brands of beverages within the non-alcoholic and alcoholic segments. Manufacturing is typically outsourced to third party co-packers and distillers, or in select cases for a brand such as Copa DI Vino ® wines, performed within our own facility in Oregon. We believe the distribution landscape in the beverage industry is changing rapidly as tech-enabled e-commerce business models are thriving. Direct to consumer, office or home solutions are projected to continue to gain traction in the future. Recognizing this opportunity Splash continues to shape its operating model to be vertically integrated with our e-commerce platform, Qplash, which purchases local and regional brands for developing a direct line of sales to boutique retail stores and consumers. Splash’s wholly owned subsidiary, Splash Beverage Group II, Inc. was originally incorporated in the State of Nevada under the name TapouT Beverages, Inc. for the purpose of acquiring the rights under a license agreement with TapouT, LLC (Authentic Brands Group). Splash has license rights to the TapouT Performance brand in North America (Including US Territories and Military Bases), United Kingdom, Brazil, South Africa, Scandinavia, Peru, Colombia, Chile and Guatemala . In December 2020, Splash Beverage Group Inc. purchased the key assets of the Copa DI Vino ® single serve wine company. The operations and IP for Copa D

View Full Filing

View this S-1 filing on SEC EDGAR