Splash Beverage shares rise 10.04% premarket after announcing merger with Medterra CBD valued at $37.6 million in equity.

Splash Beverage Group surged 10.04% in premarket trading following the announcement of a planned merger with Medterra CBD. The company signed a March 4, 2026 letter of intent to value Medterra at $37.6 million in equity, though the deal remains contingent on financing. This strategic move signals potential growth through expanded product offerings and market reach, aligning with positive investor sentiment in the premarket session.