Research analysts covering Innovation Beverage Group.
Recent press releases and 8-K filings for IBG.
Innovation Beverage Group Ltd. Announces Merger Agreement with BlockFuel Energy, Inc.
IBG
M&A
CEO Change
Management Change
- Innovation Beverage Group Ltd. (IBG) has entered into a definitive reverse triangular merger agreement with BlockFuel Energy, Inc. (BFE).
- The combined company is expected to trade on The Nasdaq Capital Market under the ticker symbol "FUEL" and the transaction is anticipated to close in the fourth quarter of 2025.
- Post-merger, BlockFuel owners are expected to own approximately 90% of the total issued and outstanding ordinary shares of IBG, with current IBG shareholders owning 10% of the combined entity.
- An independent fairness analysis concluded the combined company is expected to have an equity valuation range between $220 million and $343 million.
- Daniel Lanskey, current President and CEO of BlockFuel, will become Chairman and CEO of the combined company, while Sahil Beri, current IBG CEO, will lead IBG's newly formed Australian beverage subsidiary.
Oct 20, 2025, 8:50 PM
Innovation Beverage Group Announces Reverse Stock Split
IBG
Delisting/Listing Issues
- Innovation Beverage Group Ltd (IBG) announced a five-for-one (5-for-1) reverse stock split to become effective at 12:01 a.m. Eastern Time on September 26, 2025, with split-adjusted trading commencing the same day.
- This action will reduce the number of ordinary shares outstanding from 11,613,489 to 2,322,698.
- The reverse stock split is a response to a Nasdaq Staff Delisting Determination Letter received on August 29, 2025, citing non-compliance with Nasdaq Listing Rule 5550(a)(2).
- A hearing before the Nasdaq Hearings Panel is scheduled for October 2025, which temporarily prevents delisting.
Sep 23, 2025, 9:33 PM
Innovation Beverage Group Enters LOI for Merger with BlockFuel Energy
IBG
M&A
CEO Change
New Projects/Investments
- Innovation Beverage Group Ltd (IBG) entered a non-binding letter of intent on September 22, 2025, for a reverse triangular merger with BlockFuel Energy, Inc. (BFE).
- Upon closing, BFE shareholders are expected to own approximately 90% of the combined entity, with existing IBG shareholders retaining approximately 10%.
- The post-transaction combined company is projected to have an equity valuation between US$220 million and US$343 million.
- Daniel Joseph Lanskey is expected to become Chairman and CEO of the combined IBG, and IBG intends to change its name to BlockFuel Energy Limited post-merger.
Sep 23, 2025, 2:05 PM
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