By Ben GlickmanInnovation Beverage Group now plans to sell 1.2 million units in its initial public offering, compared with prior plans of 1.5 million units. The alcoholic and non-alcoholic beverage company said in a regulatory filing Wednesday that it would still price units at $4.125, with expected gross proceeds of $4.95 million.

Source: Wall Street Journal October 26, 2023 02:58 UTC