Innovation Beverage Group Limited (IBG)
Innovation Beverage Group will go public soon, but the exact IPO date is still unknown.
IPO Price
$4.13
Shares Offered
1,400,000
Deal Size
$5.78M

Company Description

Innovation Beverage Group is a developer, manufacturer, marketer, exporter and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands for which we own exclusive manufacturing rights.

Since its beginning in 2018 as Australian Boutique Spirits Pty Ltd, IBG has been a committed innovator within the beverage industry.

Our focus is on premium and super premium brands. Our direct-to-consumer distribution channel is a network of eCommerce platforms: www.bevmart.com.au, www.bevmart.com, www.wiredforwine.com, and www.drummerboy.com.

We launched BevMart.com.au in Australia in May 2021 and BevMart.com in the U.S. in February 2022. In November 2021, we acquired the U.S.-based www.wiredforwine.com.

Drummerboy, a new non-alcoholic spirit brand, will be offered through its own DTC website. We offer our brands, as well as other brands, through our four eCommerce platforms.

Our flagship Australian Bitters Company (ABC) brand accounted for approximately 75% of our revenues in 2021.

Innovation Beverage Group Limited
Country Australia
Founded 2018
Industry Consumer Staples
Sector Beverages
Employees 16
CEO Dean Huge

Contact Details

Address:
29 Anvil Road
Seven Hills, NSW 2147
Australia
Phone +61 (02) 9620 4574

Stock Details

Ticker Symbol IBG
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
IPO Price $4.13
CIK Code 0001924482
SIC Code 2080

Key Executives

Name Position
Dean Huge Chief Executive Officer
Sahil Beri Chief Operating Officer and Chairman
Eric Yu Chief Financial Officer
Clive Coleman Chief Commercial Officer
Kristopher Salinger Director
Sally Cardillo Director
Sameer Sethi Director

Latest SEC Filings

Date Type Title
Mar 29, 2024 F-1/A [Amend] Registration statement for certain foreign private issuers
Mar 27, 2024 F-1/A [Amend] Registration statement for certain foreign private issuers
Mar 18, 2024 F-1/A [Amend] Registration statement for certain foreign private issuers
Mar 7, 2024 F-1/A [Amend] Registration statement for certain foreign private issuers
Oct 25, 2023 F-1/A [Amend] Registration statement for certain foreign private issuers
Oct 11, 2023 F-1/A [Amend] Registration statement for certain foreign private issuers
Sep 29, 2023 F-1/A [Amend] Registration statement for certain foreign private issuers
Sep 6, 2023 F-1/A [Amend] Registration statement for certain foreign private issuers
Aug 29, 2023 F-1/A [Amend] Registration statement for certain foreign private issuers
Aug 10, 2023 F-1/A [Amend] Registration statement for certain foreign private issuers