Splash Beverage Group Faces NYSE Delisting Threat, Plans to Appeal

Splash Beverage Group is confronting a significant regulatory challenge after receiving a notice from NYSE American threatening potential delisting of its stock. The company was informed that it failed to demonstrate full compliance with the exchange's listing requirements by the end of its compliance plan period on April 6, 2025.

According to the notice, Splash Beverage Group did not meet Sections 1003(a)(i), (ii), and (iii) of the Listed Company Manual. The primary issue appears to be related to shareholder equity deficiencies. Despite this setback, the company remains optimistic about its prospects for maintaining its listing status.

The beverage company has a critical window of opportunity to respond to the NYSE American's determination. Within seven days of receiving the notice, Splash Beverage Group must notify the Listing Qualification Panel of its intentions. The company has confirmed its plan to appeal the determination and believes it can resolve the remaining equity deficiencies during the 60-to-90-day appeal process.

If the appeal is successful, the company will continue to trade its common stock and warrants on NYSE American. However, the press release candidly acknowledges that while the company is confident in its ability to meet requirements, there is no absolute guarantee of success.

This potential delisting represents a significant moment for Splash Beverage Group, which owns a portfolio of alcoholic and non-alcoholic beverage brands including Copa di Vino, SALT tequilas, Chispo tequila, and Pulpoloco sangria. The outcome of this appeal could substantially impact the company's market visibility and investor confidence.

Investors and market observers will likely closely monitor the company's progress through the appeal process, watching for details about how Splash Beverage Group plans to address its shareholder equity challenges and maintain its stock exchange listing.