QualityStocksNewsBreaks – Innovation Beverage Group Limited (NASDAQ: IBG) Closes $6 Million Public Offering
Innovation Beverage Group (NASDAQ: IBG) announced the closing of a registered public offering that generated approximately $6 million in gross proceeds before fees and expenses. The offering consisted of 3,428,569 common units or pre-funded units, each including one ordinary share or pre-funded warrant along with Series A and Series B warrants to purchase additional ordinary shares at an exercise price of $1.75 per share. The company said $2.5 million of the net proceeds will be used to provide a non-interest-bearing loan to Blockfuel to support the exercise of its call right under a December 2025 agreement, with the remaining funds allocated to general corporate purposes and working capital, while Aegis Capital…