SEC Comment Letter 0000000000-23-011562 to Innovation Beverage Group Ltd (IBG) (CIK 0001924482) (IBG)
Innovation Beverage Group Ltd (IBG) (CIK 0001924482)
Date: Oct. 23, 2023 · CIK: 0001924482 · Accession: 0000000000-23-011562
AI Filing Summary & Sentiment
File numbers found in text: 333-266965
Letter
United States securities and exchange commission logo October 23, 2023 Dean Huge Chief Executive Officer Innovation Beverage Group Ltd 29 Anvil Road Seven Hills, NSW 2147 Australia Re:Innovation Beverage Group Ltd Amendment No. 20 to Registration Statement on Form F-1 File No. 333-266965 Filed October 11, 2023 Dear Dean Huge: We have reviewed your amended registration statement and have the following comment(s). Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe a comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our October 6, 2023 letter. Amendment No. 20 to Registration Statement on Form F-1 December 31, 2022 Audited Financial Statements Note 11. Reportable Segments, page F-18 1.It appears the title heading for Note 11, Reportable Segments, has been erroneously omitted from the December 31, 2022 audited financial statements in this amendment. Please revise accordingly.
June 30, 2023 Unaudited Interim Consolidated Financial Statements Index to Consolidated Financial Statements (Unaudited), page F-22 2.We have reviewed your response to prior comment one. Given that the June 30, 2022 comparative interim period has been audited, please provide in the filing an auditors'
FirstName LastNameDean Huge Comapany NameInnovation Beverage Group Ltd October 23, 2023 Page 2 FirstName LastName Dean Huge Innovation Beverage Group Ltd October 23, 2023 Page 2 report covering the six months ended June 30, 2022. Also, the Experts section at page 126 should be updated for this interim period, along with providing an updated accountant's consent covering this same interim period. Please revise or advise.
Please contact Beverly Singleton at 202-551-3328 or Hugh West at 202-551-3872 if you have questions regarding comments on the financial statements and related matters. Please contact Evan Ewing at 202-551-5920 or Jay Ingram at 202-551-3397 with any other questions. Sincerely, Division of Corporation Finance Office of Manufacturing
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United States securities and exchange commission logo
October 23, 2023
Dean Huge
Chief Executive Officer
Innovation Beverage Group Ltd
29 Anvil Road
Seven Hills, NSW 2147
Australia
Re:Innovation Beverage Group Ltd
Amendment No. 20 to Registration Statement on Form F-1
File No. 333-266965
Filed October 11, 2023
Dear Dean Huge:
We have reviewed your amended registration statement and have the following
comment(s).
Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe a comment applies to your facts and circumstances
or do not believe an amendment is appropriate, please tell us why in your response.
After reviewing any amendment to your registration statement and the information you
provide in response to this letter, we may have additional comments. Unless we note otherwise,
any references to prior comments are to comments in our October 6, 2023 letter.
Amendment No. 20 to Registration Statement on Form F-1
December 31, 2022 Audited Financial Statements
Note 11. Reportable Segments, page F-18
1.It appears the title heading for Note 11, Reportable Segments, has been erroneously
omitted from the December 31, 2022 audited financial statements in this amendment.
Please revise accordingly.
June 30, 2023 Unaudited Interim Consolidated Financial Statements
Index to Consolidated Financial Statements (Unaudited), page F-22
2.We have reviewed your response to prior comment one. Given that the June 30, 2022
comparative interim period has been audited, please provide in the filing an auditors'
FirstName LastNameDean Huge
Comapany NameInnovation Beverage Group Ltd
October 23, 2023 Page 2
FirstName LastName
Dean Huge
Innovation Beverage Group Ltd
October 23, 2023
Page 2
report covering the six months ended June 30, 2022. Also, the Experts section at page 126
should be updated for this interim period, along with providing an updated accountant's
consent covering this same interim period. Please revise or advise.
Please contact Beverly Singleton at 202-551-3328 or Hugh West at 202-551-3872 if you
have questions regarding comments on the financial statements and related matters. Please
contact Evan Ewing at 202-551-5920 or Jay Ingram at 202-551-3397 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Manufacturing