SCHEDULE: Aida Aragon Discloses 5.8% Stake in Splash Beverage Group

Aida Aragon has reported beneficial ownership of 5.8% of Splash Beverage Group, Inc.'s common stock, primarily through warrants.

Summary

• Aida Aragon beneficially owns 150,000 shares of Splash Beverage Group, Inc. common stock.
• This ownership represents 5.8% of the company's outstanding common stock.
• The stake is comprised of 150,000 warrants to purchase common stock, each with an exercise price of $0.80 per share.
• The percentage of class is calculated based on 2,414,226 shares of common stock outstanding as of October 17, 2025.
• The filing was made under Rule 13d-1(c), indicating an individual investor who acquired more than 5% of the class of securities and is not seeking to change or influence control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership, which is inherently neutral. The presence of a significant individual stake, potentially by an insider, could be interpreted as a mildly positive signal of confidence, but it does not provide performance or operational updates.

Positives

• The disclosure of a significant individual stake, potentially by an insider given the shared address with the issuer, may signal confidence in Splash Beverage Group, Inc.'s future prospects.

Future Outlook

NA

Management Comments

• Aida Aragon certified that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of Splash Beverage Group, Inc.

Industry Context

This filing is a routine disclosure of beneficial ownership by an individual in Splash Beverage Group, Inc., a company operating in the beverage sector. It does not provide broader industry trends but reflects an individual's investment decision within the sector.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant individual shareholder's stake, which may influence market perception and confidence, especially if the individual is perceived as an insider.
• Management: Awareness of a significant individual shareholder's position.

Key Dates

Recommendation

This filing is a routine disclosure of beneficial ownership and does not contain sufficient financial or operational information to warrant a strong buy or sell recommendation. The reported 5.8% stake by Aida Aragon, potentially an insider given the shared principal executive office address, could be viewed as a neutral to slightly positive signal of confidence in the company. However, without further details on the company's performance, strategy, or market conditions, a 'hold' stance is prudent for investors.

Keywords

Splash Beverage Group, SBEV, Aida Aragon, Schedule 13G, beneficial ownership, common stock, warrants, insider stake, SEC filing