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Splash Beverage Group Priced, NYSE American: SBEV

Online retailer with a portfolio of branded beverages.

Industry: Consumer Staples

Latest Trade: $0.32 0.00 (0.0%)

First Day Return: -18.0%

Return from IPO: -92.1%

Industry: Consumer Staples

We manufacture, through third party facilities, and distribute several brands of beverages including both non-alcoholic and spirits brands. We intend to own some beverage brands while managing other beverage brands. 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, and therefore, our own e-commerce platform, Qplash, which allows us to purchase local and regional brands for developing a direct line of sales at retail stores. We intend to own some beverage brands while managing other beverage brands. We believe the distribution landscape in the beverage industry is changing rapidly as tech-enabled e-commerce business models are thriving. We produce, distribute and market two beverages brands: “TapouT Performance”, a hydration and recovery isotonic sport drink and SALT Naturally Flavored Tequila (“SALT”), a 100% agave 80 proof line of flavored tequilas. Through our acquisition of Copa di Vino Corporation, we are now able to offer seven varietals of wine: Pinot Grigio, Riesling, Merlot, Chardonnay, White Zinfandel, Moscato, and Cabernet Sauvignon.
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IPO Data
IPO File Date 04/07/2021
Offer Price $4.00
Price Range $5.97 - $5.97
Offer Shares (mm) 3.8
Deal Size ($mm) $15
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/10/2021
Offer Price $4.00
Price Range $5.97 - $5.97
Offer Shares (mm) 3.8
Deal Size ($mm) $15
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
EF Hutton
Company Data
Headquarters Fort Lauderdale, FL, United States
Founded 1992
Employees 8
Website www.splashbeveragegroup.com

Splash Beverage Group (SBEV) Performance