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Innovation Beverage Group cuts deal size by 46%, removes warrants ahead of $6 million US IPO

IBG

Innovation Beverage Group, an Australian distiller with a portfolio of alcoholic and non-alcoholic beverage brands, lowered the proposed deal size for its upcoming IPO on Friday. In its latest filing, the company also disclosed financials for the year ended December 31, 2022. The Seven Hills, Australia-based company now plans to raise $6 million by offering 1.4 million shares at $4...read more

Australian distiller Innovation Beverage Group revises terms, adds warrants ahead of $10 million US IPO

IBG

Innovation Beverage Group, an Australian distiller with a portfolio of alcoholic and non-alcoholic beverage brands, revised the terms for its upcoming IPO on Tuesday. The Seven Hills, Australia-based company now plans to raise $10 million by offering 2.5 million units at $4.15, with each unit containing one share of common stock and one warrant, exercisable at an undisclosed price....read more

Australian distiller Innovation Beverage Group ups share offering by 25% ahead of $11 million US IPO

IBG

Innovation Beverage Group, an Australian distiller with a portfolio of alcoholic and non-alcoholic beverage brands, increased the share offering for its upcoming IPO on Thursday. The Seven Hills, Australia-based company now plans to raise $11 million by offering 2.1 million shares at a price range of $4 to $6. The company had previously filed to offer 1.7 million shares at the same...read more

Australian distiller Innovation Beverage Group removes warrants, sets terms for $9 million US IPO

IBG

Innovation Beverage Group, an Australian distiller with a portfolio of alcoholic and non-alcoholic beverage brands, announced terms for its IPO on Tuesday. The Seven Hills, Australia-based company plans to raise $9 million by offering 1.7 million shares at a price range of $4 to $6. At the midpoint of the proposed range, Innovation Beverage Group would command a market value of $46...read more