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Innovation Beverage Group Limited is a developer, manufacturer, marketer, exporter, and retailer of a portfolio of 70 formulations across 14 alcoholic and non-alcoholic beverage brands, focusing on premium and super-premium products including Australian Bitters Company (ABC), BitterTales, Drummerboy non-alcoholic spirits, and Twisted Shaker cocktails. The company operates a distillery in Seven Hills, NSW, Australia, with FDA certification and capacity to increase production tenfold, and manages e-commerce platforms like www.bevmart.com.au and www.drummerboy.com for direct-to-consumer sales. As an emerging growth company and foreign private issuer listed on Nasdaq under ticker IBG, it is conducting a best-efforts public offering of up to 4,166,667 Ordinary Units at $3.60 per unit, each consisting of one Ordinary Share, one Series A Warrant, and one Series B Warrant (both exercisable at $3.60, expiring in 5 years), or Pre-Funded Units, targeting gross proceeds of $15 million before 7% placement agent fees to Aegis Capital Corp. and expenses. Net proceeds estimated at $13.02 million assuming maximum sale will fund a $2.5 million non-interest-bearing loan to Blockfuel to exercise its call right under the December 24, 2025 Securities Purchase Agreement, enabling 51% equity acquisition, with remaining funds for general corporate purposes including working capital. Pre-offering, 1,068,881 Ordinary Shares are outstanding as of March 5, 2026, rising to 5,235,548 post-offering assuming no warrant exercises. The offering supports a pending merger with Blockfuel Energy, Inc., originally expected Q4 2025 but now Q1 2026, amid high investment risks including merger failure.
Shares Offered
5,235,548
Issuer Type
Shares Offered
4,166,667
Offering Amount
$15,000,000
Price Range
$3.60
Share Type
Ordinary Units (one Ordinary Share, one Series A Warrant, one Series B Warrant)
Exchange
Nasdaq Capital Market
Ticker
IBG
Use of Proceeds: $2,500,000 non-interest bearing loan to Blockfuel to exercise call right per Dec 24, 2025 Securities Purchase Agreement; remainder for general corporate purposes including working capital.
Developer, manufacturer, marketer, exporter and retailer of 70 formulations across 14 alcoholic and non-alcoholic brands focusing on premium and super premium products.