SBEV-WT.US represents warrants to purchase shares of Splash Beverage Group. Thus, several factors influence its price: Splash Beverage Group (SBEV) Stock Price: The primary driver. Warrants derive value from the underlying stock. If SBEV's price increases, the warrant's value typically rises, and vice versa.

Time to Expiration: Warrants have an expiration date. As the expiration date approaches, the warrant's value may decrease if the underlying stock price is not significantly above the exercise price.

Volatility of SBEV Stock: Higher volatility in SBEV's stock price generally increases the warrant's value, as there's a greater chance the stock price will move significantly above the exercise price.

Interest Rates: Higher interest rates can negatively impact warrant prices because it increases the opportunity cost of holding the warrant.

Market Sentiment: Overall market conditions and investor sentiment toward SBEV and the beverage industry can influence demand for the warrants.

Dilution: Potential dilution from SBEV issuing new shares can negatively impact both the stock and warrant prices.

Liquidity: The liquidity of the warrants themselves can affect the price. Less liquid warrants may experience wider bid-ask spreads and more price volatility.

Company News and Performance: News related to SBEV's financial performance, product launches, partnerships, and other corporate developments will impact both the stock and warrant prices.