Splash Beverage Group entered into a letter agreement to settle its obligations under a prior Revenue Loan and Security Agreement. By paying $301,800.55 on or before Aug 31, 2026, the company can satisfy outstanding obligations totaling $2,834,689. Upon timely payment, the lender will release Splash Beverage Group from all remaining claims and liabilities under the loan. The arrangement materially reduces debt and eliminates future obligations tied to the facility.
Agreement details:
- Agreement type: Letter agreement to settle and release obligations under Revenue Loan and Security Agreement
- Counterparty: Decathlon Alpha IV
- Signed / Effective: Jul 10 2026 / same
- Duration / Termination: Until Aug 31 2026
- Reason: Reduce debt via discounted payoff and release
Original SEC Filing:
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