IBG Stock Catalyst: Innovation Beverage Group Ltd Announces Merger with BlockFuel Energy, Inc. and Reverse Stock Split

Innovation Beverage Group Ltd and BlockFuel Energy, Inc. announced on September 23, 2025 Innovation Beverage Group Ltd has entered into a non-binding letter of intent for a potential merger with BlockFuel Energy, Inc. The transaction is structured as a reverse triangular merger, with BlockFuel as the surviving entity. Additionally, Innovation Beverage Group Ltd announced a five-for-one reverse stock split of its ordinary shares, effective September 26, 2025.

Five-for-one (5-for-1) reverse stock split. 11,613,489 ordinary shares issued and outstanding. 2,322,698 ordinary shares issued and outstanding. The announcement cited 90%, 10%, US$220 million to US$343 million, US$22 million to US$34.3 million, and US$2.9 million to US$6.3 million. Share consideration (payable in the issuer's shares): 90% of the total number of issued and outstanding shares of IBG common stock.

Innovation Beverage Group Ltd has a free float of 1,332,400 shares and 20,020,000 shares outstanding.

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