Splash Beverage Group Navigates NYSE American Listing Challenges and Trading Volatility

Splash Beverage Group is facing significant regulatory scrutiny as it enters an appeal process with NYSE American following unusual trading activity and non-compliance with listing requirements. The company will challenge its potential delisting by presenting its case to the Exchanges Listing Qualifications Panel within the mandated timeframe.

The beverage company disclosed that it was out of compliance with multiple sections of the Listed Company Manual by the end of its 18-month compliance period, which expired on April 6, 2025. Despite this setback, Splash remains confident it can cure the remaining shareholder equity deficiencies during the 60-to-90-day appeal process.

The company attributes the recent trading volatility to algorithmic computer trading and short selling activities. While acknowledging the unusual market action, Splash emphasized that no material developments have occurred since its last announcement regarding a potential merger or acquisition with Western Son Vodka.

During the appeal process, Splash Beverage Group will continue to trade both its common stock and warrants on NYSE American, subject to potential trading halts. The company's ability to meet listing requirements will be critical in determining its future market presence and investor confidence.