Current Report Filing (8-k)
02 September 2020 - 2:36PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
August 27, 2020
SPLASH BEVERAGE GROUP, INC.
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(Exact Name of Registrant as Specified in Its Charter)
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Colorado
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(State or Other Jurisdiction of Incorporation)
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000-55114
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34-1720075
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(Commission File Number)
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(IRS Employer Identification No.)
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4120 Boardman-Canfield Road
Canfield, Ohio 44406
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(Address of Principal Executive Offices)
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(330) 533-1914
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(Registrant’s Telephone Number, Including Area Code)
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CANFIELD MEDICAL
SUPPLY, INC.
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(Former Name or Former Address, if Changed Since Last Report)
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Check the appropriate box below if the Form
8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
(see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 1.01 Entry into a Material Definitive
Agreement.
On August 27 2020
(the “Effective Date”), Splash Beverage Group, Inc. (formerly known as Canfield Medical Supply, Inc.” and referred
to herein as the “Company”) executed a Subscription Agreement with one accredited investor (the “Subscription
Agreement”). Pursuant to the Subscription Agreement the Company received gross proceeds of $500,000 and issued the investor
454,000 shares of the Company’s common stock and warrant (the “Warrant”) to purchase 227,273 shares of Effective
Date. If after six months from the Effective Date there is no effective registration statement registering the shares of common
stock issuable upon exercise of the Warrant the warrant may be exercised on a cashless basis as set forth in the Warrant.
In connection with the foregoing, the Company
relied upon the exemption from registration provided by Section 4(a)(2) under the Securities Act of 1933, as amended, for transactions
not involving a public offering.
The foregoing descriptions of the Subscription
Agreement and Warrant are qualified by reference to the full text of such documents which are filed as exhibits to this report.
Item 3.02 Unregistered Sales of Equity Securities.
The information under Item 1.01 is incorporated
by reference into this Item 3.02.
Item 9.01 Financial
Statements and Exhibits.
(d) Exhibits.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: September 1, 2020
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SPLASH BEVERAGE GROUP, INC.
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/s/ Dean Huge
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Dean Huge
Chief Financial Officer
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