Splash Beverage Group, Inc. has announced that the NYSE American will commence delisting proceedings for its warrants, trading under the ticker symbol SBEV-WT, effective immediately. This decision, communicated to the company on June 23, 2025, stems from the warrants' low trading price, rendering them unsuitable for continued listing under Section 1001 of the NYSE American Company Guide.
The delisting process will proceed following the completion of all applicable procedures, including any potential appeal by Splash Beverage Group. However, the company has indicated it does not plan to appeal the NYSE's determination. Importantly, this action does not affect the listing of the company's common stock on the NYSE American under the ticker SBEV, nor does it impact the company's business operations or its reporting obligations to the SEC.
Post-delisting, the warrants may find a new trading venue on an over-the-counter market, such as the OTC Pink tier, contingent upon a market maker's application and approval by FINRA. However, the company cautions that there is no guarantee such trading will materialize or be maintained.
