Innovation Beverage Group Limited (NASDAQ:IBG) (the "Company"), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, today announced the pricing of a public offering made on a reasonable best efforts basis with gross proceeds to the Company expected to be approximately $6 million, before deducting placement agent fees and other offering expenses payable by the Company.

The offering consists of 3,428,569 Common Units (or Pre-Funded Units), each consisting of (i) one (1) Ordinary Share or one (1) Pre-Funded Warrant, (ii) one (1) Series A Registered Common Warrant to purchase one (1) Ordinary Share per warrant at an exercise price of $1.75 and (iii) one (1) Series B Registered Common Warrant to purchase one (1) Ordinary Share per warrant at an exercise price of $1.75. The public offering price per Common Unit is $1.75 (or $1.74999 for each Pre-Funded Unit, which is equal to the public offering price per Common Unit to be sold in the offering minus an exercise price of $0.00001 per Pre-Funded Warrant). The Pre-Funded Warrants will be immediately exercisable and may be exercised at any time until exercised in full. For each Pre-Funded Unit sold in the offering, the number of Common Units in the offering will be decreased on a one-for-one basis. The initial exercise price of each Series A Common Warrant is $1.75 per Ordinary Share. The Series A Common Warrants are exercisable immediately and expire 60 months after the initial issuance date. The number of securities issuable under the Series A Common Warrant is subject to adjustment as described in more detail in the registration statement on Form F-1 filed in connection with the offering. The initial exercise price of each Series B Common Warrant is $1.75 per Ordinary Share. The Series B Common Warrants are exercisable immediately and expire 60 months after the initial issuance date. The number of securities issuable under the Series B Common Warrant is subject to adjustment as described in more detail in the registration statement on F-1 filed in connection with the offering.

Aggregate gross proceeds to the Company are expected to be approximately $6 million. The transaction is expected to close on or about March 16, 2026, subject to the satisfaction of customary closing conditions. The Company expect to use $2,500,000 of the net proceeds to make a non-interest bearing loan to Blockfuel in order for Blockfuel to exercise its call right pursuant to the Securities Purchase Agreement dated as of December 24, 2025 by and among Blockfuel and the investors thereto. The Company expects to use the remaining net proceeds from the offering, together with its existing cash, for general corporate purposes and working capital.