Splash Beverage Group Regains Compliance with NYSE American Listing Standards
TL;DR
Splash Beverage Group regains NYSE American compliance, signaling a stronger financial position and potential for shareholder value growth.
Splash Beverage Group addressed NYSE American listing deficiencies under Sections 1003(a)(i), (ii), and (iii), ensuring continued market presence and operational stability.
Splash Beverage Group's compliance achievement reflects its commitment to financial discipline and governance, fostering trust and long-term partnerships in the beverage industry.
Discover how Splash Beverage Group, behind brands like Copa di Vino and Chispo tequilas, secured its NYSE American listing for future growth.
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Splash Beverage Group, Inc. (NYSE American: SBEV), a notable portfolio company of leading beverage brands, has announced its successful regaining of full compliance with the NYSE American's continued listing standards. This development comes after the company addressed all identified deficiencies, leading to the removal of the ".BC" indicator from the list of noncompliant issuers effective July 29, 2025. The NYSE American confirmed this achievement in a letter dated July 28, 2025, highlighting the resolution of issues related to Sections 1003(a)(i), (ii), and (iii) of the NYSE American Company Guide.
Robert Nistico, CEO of Splash Beverage Group, expressed his enthusiasm about this milestone, emphasizing the importance of maintaining their NYSE American listing for the company's growth and shareholder value. Nistico acknowledged the efforts of the NYSE American and the Splash team in achieving this goal. Bill Devereux, the Chief Financial Officer, also shared insights into the company's strengthened financial position and its readiness to pursue growth opportunities and deliver value to shareholders.
The company's commitment to financial discipline and governance remains unwavering as it continues to be monitored under the NYSE American's continued listing procedures. For further details, stakeholders are encouraged to review the Company's Form 8-K filed with the Securities and Exchange Commission on July 29, 2025. Splash Beverage Group's portfolio includes notable brands such as Copa di Vino, Chispo tequilas, and Pulpoloco sangria, showcasing its diverse presence in the beverage industry.
This announcement underscores Splash Beverage Group's resilience and strategic focus on overcoming challenges to secure its position in the competitive beverage market. The company's ability to regain compliance not only reflects its operational and financial improvements but also reinforces its commitment to transparency and accountability to its shareholders and the broader market.
Curated from NewMediaWire
