Splash Beverage Group Inc. announces significant optimization of its balance sheet position

At the same time, the company's board of directors has officially approved the implementation of a reverse stock split plan. This series of initiatives signifies that the company is continuing to advance its established strategic transformation process. The company's balance sheet has been substantially strengthened, reflecting a positive improvement in its financial structure. The reverse stock split plan approved by the board aims to adjust the company's capital structure. These actions are consistent with the company's overall strategic transformation direction, demonstrating the management's clear vision and firm determination for future development.