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.…
The Company is a Nevada corporation that was historically seeking to identify, acquire, and build early stage or under-valued beverage brands that have strong growth potential within its distribution system. During the current fiscal year beginning January 1, 2026, the Company has moved away from beverages and is focusing on the cannabinoid and health and wellness economy businesses.
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Item 1.01Item 1.01 - Entry into Material Agreement
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.