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Drake to Offer Shares in American Black Whiskey Company through Reg A+ IPO of up to $30 million
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Drake to Offer Shares in American Black Whiskey Company through Reg A+ IPO of up to $30 million

Hip-hop icon Drake and business partner Brent Hocking plan to raise up to $30 million in a Reg A+ IPO of whiskey maker American Black, the company said in a press release. “Virginia Black is uniquely positioned to redefine American whiskey,” the company said.  “Attracting a wider and more diverse demographic, broadening the appeal of whiskey and brown spirits in general.” The deal is expected to close in the first quarter and the shares will remain unlisted immediately after the offer.

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