Innovation Beverage Group

IBG

Market cap $7.97M

Transaction expected to close in fourth quarter with combined company to begin trading on the Nasdaq under the ticker “FUEL” Vertically Integrated business model combines state-of-the-art power generation with oil & gas production to power Bitcoin mining operations Post-Transaction combined entity expected to have an equity valuation range between US$220M-$343M SYDNEY, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Innovation Beverage Group Ltd (“IBG” or the “Company”) (Nasdaq: IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, today announced that it has entered into a definitive agreement for a reverse triangular merger transaction with BlockFuel Energy Inc., a Texas corporation (“BlockFuel” or “BFE”) engaged in oil and gas exploration and state-of-the-art power generation to support Bitcoin mining operations and high-performance data centers across North America. IBG and BFE expect to close the transaction in the fourth quarter of 2025, subject to customary closing conditions and will trade on the Nasdaq under the ticker symbol “FUEL”.

SYDNEY, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Innovation Beverage Group Ltd, (“IBG” or the “Company”) (Nasdaq: IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, today announced it has entered into a non-binding letter of intent for a merger transaction with BlockFuel Energy Inc., a Texas corporation (“BlockFuel” or “BFE”) engaging in combining oil and gas exploration with state-of-the-art power generation to power bitcoin mining operations and high-performance data centers in North America.

SEVEN HILLS, Australia, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Innovation Beverage Group Ltd, (“IBG” or the “Company”) (Nasdaq: IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, today announced it has entered into a non-binding letter of intent for a merger transaction with BlockFuel Energy Inc., a Texas corporation (“BlockFuel” or “BFE”) engaging in combining oil and gas exploration with state-of-the-art power generation to power bitcoin mining operations and high-performance data centers in North America.

SYDNEY, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Innovation Beverage Group Ltd (Nasdaq: IBG) (“IBG” or the “Company”), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, today announced that it will effect a five-for-one (5-for-1) reverse stock split (the “Reverse Stock Split”) of its ordinary shares.

Republic National Distribution Company opens new distribution channels in six states including California, one of the largest markets in the U.S. SEVEN HILLS, AU / ACCESS Newswire / April 2, 2025 / Innovation Beverage Group Ltd ("IBG" or the "Company") (Nasdaq:IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, announced today it has signed a distribution agreement with Republic National Distribution Company ("RNDC"). IBG's Australian Bitters Company and BITTERTALES brands will be distributed by RNDC in six states: California, Oregon, Washington, Hawaii, Arizona, and Michigan.

Australia is the world's second largest bitters market, behind only the U.S. SEVEN HILLS, AU / ACCESS Newswire / March 25, 2025 / Innovation Beverage Group Ltd, ("IBG" or the "Company") (Nasdaq:IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, announced today that sales of its Australian Bitters Company line of bitters increased by approximately 5% year-over-year in the twelve months ended December 31, 2024. Driven by this sales momentum, Australian Bitters Company has captured a 45% market share in Australia, the second largest national market for bitters worldwide and the highest market share in Australia that the Company has achieved to date.

Strong early response from retailers, distributors, and hospitality partners eager to bring IBG's award-winning premium bitters to cocktail enthusiasts and industry professionals alike IBG's management team is leveraging new opportunities for growth and expansion to elevate cocktail experiences worldwide SEVEN HILLS, AUSTRALIA / ACCESSWIRE / January 3, 2025 / Innovation Beverage Group Ltd, ("IBG" or the "Company") (NASDAQ:IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, announced today its Chairman and Chief Operating Officer (COO), Sahil Beri, has been appointed Interim Chief Executive Officer (CEO) while the Company conducts a search for a new CEO. Dean Huge, the Company's former CEO, has resigned to pursue other interests.

Blue Ridge to leverage its robust national sales team, established distributor and retailer relationships, to sell IBG's award-winning Australian Bitters Company and BITTERTALES brands SEVEN HILLS, AUSTRALIA / ACCESSWIRE / November 19, 2024 / Innovation Beverage Group Ltd, ("IBG" or the "Company") (NASDAQ:IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, announced today it has signed a Sales Services Agreement with Atlanta, Georgia-based Blue Ridge Spirits & Wine Marketing to sell its Australian Bitters Company and BITTERTALES brands throughout the U.S. "We're pleased to have Blue Ridge as our partner for a city-by-city market expansion across the U.S. for our award-winning bitters brands," stated IBG's Chairman and Chief Operating Officer, Sahil Beri. "We have inventory in the U.S. ready to ship and are very confident that our Australian Bitters Company and BITTERTALES will be very well received by buyers and consumers alike.

IBG's award-winning Australian Bitters Company brand is one of the top telling bitters brands in Australia SEVEN HILLS, AUSTRALIA / ACCESSWIRE / October 29, 2024 / Innovation Beverage Group Ltd, ("IBG" or the "Company") (NASDAQ:IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, announced today that through warehouses in the U.S., the Company has received its largest shipment of Australian Bitters Company and BITTERTALES brands to serve its expanding distribution network. Recently, IBG announced that its Australian Bitters Company brand is now available nationwide through Sysco and is the first bitters to be sold by the global leader in foodservice distribution.

IBG's award-winning Australian Bitters, the first bitters to be sold by Sysco, is now available through Sysco.com, SyscoMarketplace.com, and SuppliesontheFly.com Marks expansion of IBG's sales channels for Australian Bitters in the U.S. beyond traditional alcohol distributors and into the foodservice category U.S. is the largest bitters market by volume in the $11 billion global bitters market which is expected to grow to $14 billion by 2030 SEVEN HILLS, AUSTRALIA / ACCESSWIRE / October 8, 2024 / Innovation Beverage Group Ltd, ("IBG" or the "Company") (Nasdaq:IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, announced today that through its U.S. distributor, Buettner Global Services, a provider of high performance sourcing, procurement, and supply chain management, IBG's Australian Bitters is now available nationwide in the United States through Sysco. Sysco, the global leader in foodservice distribution, sells, markets, and distributes food products to restaurants, healthcare and educational facilities, lodging establishments, and other customers who prepare meals away from home.