FAQ on Splash Beverage Group, Inc.'s NYSE American Delisting Proceedings for Warrants

What is the main reason for the delisting of Splash Beverage Group’s warrants?

The NYSE American determined the warrants are no longer suitable for continued listing due to their low trading price, as per Section 1001 of the NYSE American Company Guide.

Will the delisting of the warrants affect Splash Beverage Group’s common stock?

No, the delisting of the warrants will not impact the listing or trading of the Company’s common stock, which remains listed on the NYSE American under the ticker symbol SBEV.

Does Splash Beverage Group plan to appeal the NYSE’s delisting determination?

The Company has until July 30, 2025 to appeal but does not intend to do so.

What happens to the warrants after delisting from NYSE American?

Following delisting, the warrants may be eligible for quotation on an over-the-counter market, such as the OTC Pink tier, if a market maker applies for and obtains approval from FINRA, though there’s no assurance this will happen.

How does this delisting affect Splash Beverage Group’s business operations?

The delisting of the warrants will have no effect on the Company’s business operations or its ongoing reporting obligations under SEC rules.

Where can I find more information about Splash Beverage Group and its brands?

For more information, visit Splash Beverage Group’s website at www.SplashBeverageGroup.com, or the websites of its brands: www.copadivino.com, https://chispotequila.com, and www.pulpo-loco.com.

What are the forward-looking statements mentioned in the press release?

Forward-looking statements reflect management’s current expectations and assumptions regarding future events and performance, involving risks and uncertainties, with actual results possibly differing materially due to various factors.