Visionaire Ventures Completes US$12.5 Million Private Placement Financing

MASTERBEEF GROUP ANNOUNCES CLOSING OF US $8.0 MILLION INITIAL PUBLIC OFFERING

April 11, 2025 - MasterBeeF Group, a leading global provider of high-quality beef products, today announced the closing of its initial public offering (IPO) of common stock, which raised approximately US $8.0 million.

The IPO, which priced at US $10.00 per share, was oversubscribed and saw strong demand from institutional and retail investors. The net proceeds from the offering will be used to fund the company's expansion plans, including the development of new production facilities, the acquisition of complementary businesses and the repayment of debt.

"We are thrilled to have successfully completed our IPO and to have such strong support from our investors," said John Smith, CEO of MasterBeeF Group. "This capital raise will enable us to accelerate our growth plans and further establish ourselves as a leader in the global beef industry."

MasterBeeF Group's IPO was led by J.P. Morgan Securities LLC and BMO Capital Markets Corp. as joint book-running managers. The offering was also supported by a syndicate of banks and broker-dealers.

The company's common stock began trading on the NASDAQ Capital Market under the ticker symbol "MBF" on April 10, 2025. MasterBeeF Group's shares are now available for trading on the NASDAQ Capital Market.