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Transaction valued between US$220 million and US$343 million.
Innovation Beverage Group Ltd and BlockFuel Energy Inc. announced on 2025-10-15 Innovation Beverage Group Ltd has entered into a definitive agreement for a reverse triangular merger transaction with BlockFuel Energy Inc.
The announcement cited 90%, 10%, US$220 million, US$343 million, US$22 million, US$34.3 million, US$2.9 million, and US$6.3 million. Share consideration (with the issuer receiving shares): 10%.
Innovation Beverage Group Ltd has a free float of 1,332,400 shares and 20,020,000 shares outstanding.
This summary was generated by AI from public sources and may contain errors. Not financial advice. Trade at your own risk.