$IBG

Innovation Beverage Group Limited (IBG) announced the closing of its $6 million registered public offering. The offering consisted of Common Units, each comprising an Ordinary Share or Pre-Funded Warrant, and Series A and B Warrants, with proceeds earmarked for a loan to Blockfuel and general corporate purposes. IBG, a developer and marketer of alcoholic and non-alcoholic beverages, utilized Aegis Capital Corp. as the exclusive placement agent for the transaction.