−Removed: Market for Registrant’s Common Equity,
−Removed: Related Stockholder Matters and Issuer Purchases of Equity Securities.
+Added: Market for Registrant’s
+Added: Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
The Company’s Common Stock and tradeable
−Removed: warrants are quoted on the NYSE American under the symbol “SBEV” and “SBEV WS”.
+Added: warrants are publicly traded on the NYSE American under the symbol “SBEV” and “SBEV WS”.
Aggregate Number of Holders of Common Stock
−Removed: As of March 31, 2023, there were 41,085,520 shares
−Removed: of Common Stock issued and outstanding.
−Removed: As of March 31, 2023, at our transfer agent and non-objecting beneficial owners totaled approximately
−Removed: 4,800 holders of record of our Common Stock.
+Added: As of March 29, 2024, there were 45,129,687
+Added: shares of Common Stock issued and outstanding.
+Added: As of March 29, 2024, at our transfer agent owners totaled approximately 273 holders
+Added: of record of our Common Stock.
We have not declared any cash dividends on our common
7 unchanged sentences
Equity Compensation Plan Information
−Removed: The following table gives information as of December
−Removed: 31, 2022, the end of the most recently completed fiscal year, about shares of common stock that have been issued under our Splash Beverage
−Removed: 2020 Incentive Plan.
−Removed: Under the 2020 Incentive Plan we have 1,151,000 options outstanding as of December 31, 2022.
−Removed: of Shares to be Issued Upon Exercise or Vesting of Outstanding Stock Options
−Removed: Average Exercise Price of Outstanding Stock Options
−Removed: of Securities Remaining Available for Future Issuance Under Equity Compensation Plans
−Removed: compensation plan approved by board of directors
+Added: The information required by this item with respect
+Added: to securities authorized for issuance under equity compensation plans is set forth in Part III, Item 12 of this Annual Report on Form
+Added: 10-K, and is incorporated herein by reference.
Purchases of Equity Securities by the Issuer.
−Removed: There were no repurchase of our common stock during
+Added: There were no repurchases of our common stock during
the year ended December 31, 2023.
−Removed: Selected Financial Data.
−Removed: This item is not required for Smaller Reporting Companies.
+Added: Use of Proceeds
+Added: On June 7, 2021, our Registration Statement, as amended,
+Added: and originally filed on Form S-1 (File No.
+Added: 333-255091) was declared effective by the SEC for our initial public offering of 7,500,000
+Added: units, including 3,750,000 additional shares of common stock and 3,750,000 warrants to purchase shares of common stock, each at an offering
+Added: price of $4.00 per share, for aggregate gross proceeds of approximately $15.0 million.
+Added: After deducting underwriting discounts and
+Added: commissions and other estimated offering expenses incurred by us of approximately $1.2 million, the net proceeds from the offering were
+Added: approximately $13.8 million.
+Added: Kingswood Capital Markets, a division of Benchmark Investments, LLC acted as sole book-running manager and
+Added: the representative of the underwriters of the underwritten public offering.
+Added: No offering costs were paid or are payable, directly, or
+Added: indirectly, to our directors or officers, to persons owning 10% or more of any class of our equity securities, or to any of our affiliates.
+Added: Our common stock and warrants are traded on Nasdaq under the symbols “SBEV” and “SBEV WS”, respectively.
+Added: There has been no material change in the expected
+Added: use of the net proceeds from our underwritten public offering as described in our final prospectus filed with the SEC on June 14, 2021.
+Added: Upon receipt, the net proceeds from our underwritten public offering were held in cash and cash equivalents.
+Added: As of December 31, 2023,
+Added: we have used approximately all of the net proceeds from the underwritten public offering, primarily on working capital and general corporate
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.