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Splash Beverage Group, Inc. – ‘10-K’ for 12/31/21 – ‘EX-4.3’

On:  Thursday, 3/31/22, at 3:00pm ET   ·   For:  12/31/21   ·   Accession #:  1731122-22-639   ·   File #:  1-40471

Previous ‘10-K’:  ‘10-K’ on 3/8/21 for 12/31/20   ·   Next:  ‘10-K’ on 3/31/23 for 12/31/22   ·   Latest:  ‘10-K’ on 3/29/24 for 12/31/23   ·   13 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/31/22  Splash Beverage Group, Inc.       10-K       12/31/21   81:12M                                    Electro Filings LLC/FA

Annual Report   —   Form 10-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML    917K 
 2: EX-4.1      Instrument Defining the Rights of Security Holders  HTML     21K 
 3: EX-4.3      Instrument Defining the Rights of Security Holders  HTML     25K 
 4: EX-23.1     Consent of Expert or Counsel                        HTML     21K 
 5: EX-31.1     Certification -- §302 - SOA'02                      HTML     25K 
 6: EX-31.2     Certification -- §302 - SOA'02                      HTML     25K 
 7: EX-32.1     Certification -- §906 - SOA'02                      HTML     22K 
 8: EX-32.2     Certification -- §906 - SOA'02                      HTML     22K 
14: R1          Cover                                               HTML     93K 
15: R2          Consolidated Balance Sheets                         HTML    164K 
16: R3          Consolidated Balance Sheets (Parenthetical)         HTML     32K 
17: R4          Consolidated Statements of Operations               HTML    123K 
18: R5          Consolidated Statement of Changes in Deficiency in  HTML     57K 
                Stockholders' Equity                                             
19: R6          Consolidated Statement Cash Flows                   HTML    120K 
20: R7          Consolidated Statement Cash Flows (Parenthetical)   HTML     24K 
21: R8          Business Organization and Nature of Operations      HTML     31K 
22: R9          Summary of Significant Accounting Policies          HTML     75K 
23: R10         Liquidity, Capital Resources and Going Concern      HTML     27K 
                Considerations                                                   
24: R11         Notes Payable, Related Party Notes Payable,         HTML     90K 
                Convertible Bridge Loans Payable, Revenue                        
                Financing Arrangements and Bridge Loan Payable                   
25: R12         Licensing Agreement and Royalty Payable             HTML     28K 
26: R13         Stockholders? Equity (Deficiency)                   HTML    107K 
27: R14         Related Parties                                     HTML     27K 
28: R15         Investment in Salt Tequila USA, LLC                 HTML     26K 
29: R16         Operating Lease Obligations                         HTML     44K 
30: R17         Line of Credit                                      HTML     26K 
31: R18         PPP Loan                                            HTML     26K 
32: R19         Segment Reporting                                   HTML     44K 
33: R20         Commitment and Contingencies                        HTML     27K 
34: R21         Registration Statement                              HTML     26K 
35: R22         Tax Provision                                       HTML     45K 
36: R23         Business Combinations                               HTML     35K 
37: R24         Subsequent Events                                   HTML     27K 
38: R25         Summary of Significant Accounting Policies          HTML    120K 
                (Policies)                                                       
39: R26         Summary of Significant Accounting Policies          HTML     41K 
                (Tables)                                                         
40: R27         Notes Payable, Related Party Notes Payable,         HTML     88K 
                Convertible Bridge Loans Payable, Revenue                        
                Financing Arrangements and Bridge Loan Payable                   
                (Tables)                                                         
41: R28         Stockholders? Equity (Deficiency) (Tables)          HTML     87K 
42: R29         Operating Lease Obligations (Tables)                HTML     39K 
43: R30         Segment Reporting (Tables)                          HTML     40K 
44: R31         Tax Provision (Tables)                              HTML     42K 
45: R32         Business Combinations (Tables)                      HTML     33K 
46: R33         Business Organization and Nature of Operations      HTML     33K 
                (Details Narrative)                                              
47: R34         Summary of Significant Accounting Policies          HTML     38K 
                (Details)                                                        
48: R35         Summary of Significant Accounting Policies          HTML     31K 
                (Details 1)                                                      
49: R36         Summary of Significant Accounting Policies          HTML     50K 
                (Details Narrative)                                              
50: R37         Liquidity, Capital Resources and Going Concern      HTML     28K 
                Considerations (Details Narrative)                               
51: R38         Notes Payable, Related Party Notes Payable,         HTML     85K 
                Convertible Bridge Loans Payable, Revenue                        
                Financing Arrangements and Bridge Loan Payable                   
                (Details)                                                        
52: R39         Notes Payable, Related Party Notes Payable,         HTML     39K 
                Convertible Bridge Loans Payable, Revenue                        
                Financing Arrangements and Bridge Loan Payable                   
                (Details 1)                                                      
53: R40         Notes Payable, Related Party Notes Payable,         HTML     31K 
                Convertible Bridge Loans Payable, Revenue                        
                Financing Arrangements and Bridge Loan Payable                   
                (Details 2)                                                      
54: R41         Notes Payable, Related Party Notes Payable,         HTML     35K 
                Convertible Bridge Loans Payable, Revenue                        
                Financing Arrangements and Bridge Loan Payable                   
                (Details Narrative)                                              
55: R42         Licensing Agreement and Royalty Payable (Details    HTML     34K 
                Narrative)                                                       
56: R43         Stockholders' Equity (Deficiency) (Details)         HTML     33K 
57: R44         Stockholders' Equity (Deficiency) (Details 1)       HTML     37K 
58: R45         Stockholders' Equity (Deficiency) (Details 2)       HTML     31K 
59: R46         Stockholders' Equity (Deficiency) (Details 3)       HTML     48K 
60: R47         Stockholders' Equity (Deficiency) (Details 4)       HTML     49K 
61: R48         Stockholders? Equity (Deficiency) (Details          HTML     96K 
                Narrative)                                                       
62: R49         Related Parties (Details Narrative)                 HTML     26K 
63: R50         Investment in Salt Tequila USA, LLC (Details        HTML     25K 
                Narrative)                                                       
64: R51         Operating Lease Obligations (Details)               HTML     41K 
65: R52         Operating Lease Obligations (Details 1)             HTML     29K 
66: R53         Operating Lease Obligations (Details 2)             HTML     28K 
67: R54         Operating Lease Obligations (Details Narrative)     HTML     36K 
68: R55         Line of Credit (Details Narrative)                  HTML     27K 
69: R56         PPP Loan (Details Narrative)                        HTML     31K 
70: R57         Segment Reporting (Details)                         HTML     40K 
71: R58         Registration Statement (Details Narrative)          HTML     26K 
72: R59         Tax Provision (Details)                             HTML     33K 
73: R60         Tax Provision (Details 1)                           HTML     40K 
74: R61         Tax Provision (Details Narrative)                   HTML     28K 
75: R62         Business Combinations (Details)                     HTML     49K 
76: R63         Subsequent Events (Details Narrative)               HTML     27K 
79: XML         IDEA XML File -- Filing Summary                      XML    145K 
77: XML         XBRL Instance -- e3570_10-k_htm                      XML   1.02M 
78: EXCEL       IDEA Workbook of Financial Reports                  XLSX     82K 
10: EX-101.CAL  XBRL Calculations -- sbev-20211231_cal               XML    177K 
11: EX-101.DEF  XBRL Definitions -- sbev-20211231_def                XML    479K 
12: EX-101.LAB  XBRL Labels -- sbev-20211231_lab                     XML    905K 
13: EX-101.PRE  XBRL Presentations -- sbev-20211231_pre              XML    738K 
 9: EX-101.SCH  XBRL Schema -- sbev-20211231                         XSD    170K 
80: JSON        XBRL Instance as JSON Data -- MetaLinks              360±   483K 
81: ZIP         XBRL Zipped Folder -- 0001731122-22-000639-xbrl      Zip    240K 


‘EX-4.3’   —   Instrument Defining the Rights of Security Holders


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EXHIBIT 4.3

 

DESCRIPTION OF CAPITAL STOCK

 

The following summarizes the material terms of the capital stock of Splash Beverage Group, Inc. (“Splash,” our Company,” “we” or “us”). Splash is a corporation incorporated under the laws of the State of Nevada, and accordingly its internal corporate affairs are governed by Nevada Revised Statutes (NRS) and by its articles of incorporation (our articles of incorporation) and its by-laws, which are filed as exhibits to our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission and available at www.sec.gov. The following summary is qualified in its entirety by reference to the applicable provisions of Nevada law and our articles of incorporation and by-laws, which are subject to future amendment in accordance with the provisions thereof. Our common stock is the only class of our securities registered under Section 12 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

 

Authorized Capital Stock

 

Our authorized capital stock consists of 150,000,000 shares of common stock, par value $0.001 per share, and 5,000,000 shares of preferred stock, par value $0.001 per share. The number of shares of our common stock and preferred stock issued and outstanding as of the date provided on the cover page of the Annual Report is 33,586,234 and 0, respectively.

 

Common Stock

 

Voting Rights. Each outstanding share is entitled to one vote upon each matter submitted to a vote at a meeting of shareholders, and each fractional share is entitled to a corresponding fractional vote on each such matter. Cumulative voting of shares of stock of the Company is not allowed or authorized in the election of the Board of Directors of the Company.

 

Dividends. Dividends in cash, property or shares may be paid upon the stock, as and when declared by our Board of Directors, out of funds of the Company to the extent and in the manner permitted by law.

 

Other Rights. The holders of our common stock have no preemptive rights and no rights to convert their common stock into any other securities, and our common stock is not subject to any redemption or sinking fund provisions.

 

Preferred Stock

 

Under our articles of incorporation and subject to the limitations prescribed by law, our Board of Directors may have such classes and preference of shares of preferred stock as the Board of Directors may determine from time to time.

 

When and if we issue additional shares of preferred stock, we will establish the applicable preemptive rights, dividend rights, voting rights, conversion privileges, redemption rights, sinking fund rights, rights upon voluntary or involuntary liquidation, dissolution or winding up and any other relative rights, preferences and limitations for the particular preferred stock series.

 

Anti-Takeover Effects of Provisions of Nevada Law, Our Articles of Incorporation and By-Laws

 

Nevada common law includes certain provisions, which may have the effect of delaying or deterring a change in control or in our management or encouraging persons considering unsolicited tender offers or other unilateral takeover proposals to negotiate with our board of directors rather than pursue non-negotiated takeover attempts. These provisions include authorized blank check preferred stock, restrictions on business combinations, and the availability of authorized but unissued Common Stock.

 

Options and Warrants

 

As of the date provided on the cover page of the Annual Report, the Company had 1,065,000 options outstanding and 10,098,834 warrants outstanding.  

 

Listing

 

Our common stock trades on the NYSE American under the symbol “SBEV”.

 

Transfer Agent and Registrar

 

Equiniti Shareowner Services is serving as our transfer agent and registrar. They are located at 1110 Centre Point Curve #101; Mendota, MN 55120.

 

 

 


2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/29/24  Splash Beverage Group, Inc.       10-K       12/31/23   78:18M                                    Electro Filings LLC/FA
 3/31/23  Splash Beverage Group, Inc.       10-K       12/31/22   69:5.6M                                   Electro Filings LLC/FA


11 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/17/22  Splash Beverage Group, Inc.       8-K:1,8,9   2/14/22   15:1.4M                                   Electro Filings LLC/FA
11/15/21  Splash Beverage Group, Inc.       8-K:1,5,9  11/09/21   16:11M                                    Electro Filings LLC/FA
 6/15/21  Splash Beverage Group, Inc.       8-K:1,5,7,9 6/10/21    8:2.8M                                   Electro Filings LLC/FA
 3/08/21  Splash Beverage Group, Inc.       10-K       12/31/20   82:4.7M                                   Electro Filings LLC/FA
 2/02/21  Splash Beverage Group, Inc.       8-K:1,3,9   1/29/21    3:255K                                   Electro Filings LLC/FA
 1/21/21  Splash Beverage Group, Inc.       8-K:1,3,9   1/15/21    3:390K                                   Electro Filings LLC/FA
12/31/20  Splash Beverage Group, Inc.       8-K:1,2,5,912/24/20    7:2.8M                                   Electro Filings LLC/FA
10/07/20  Splash Beverage Group, Inc.       8-K:1,9     9/29/20    4:109K                                   Electro Filings LLC/FA
 8/18/20  Splash Beverage Group, Inc.       8-K:1,2,3,7 8/13/20    5:312K                                   Electro Filings LLC/FA
 4/06/20  Splash Beverage Group, Inc.       8-K:2,3,5,7 3/31/20    8:1M                                     Electro Filings LLC/FA
 1/07/20  Splash Beverage Group, Inc.       8-K:1,9    12/31/19    2:345K                                   Genesis Filings LLC/FA
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