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Innovation Beverage Group Ltd. ( (IBG) ) just unveiled an update.
Innovation Beverage Group Ltd has received a Staff Delisting Determination Letter from Nasdaq on August 29, 2025, indicating that the company has not regained compliance with the Nasdaq Listing Rule 5550(a)(2) due to its stock price remaining below $1.00 per share for 30 consecutive business days. The company is not eligible for an additional compliance period and faces potential delisting from The Nasdaq Capital Market unless it appeals by September 5, 2025. To address compliance issues, the company has obtained shareholder approval for a reverse stock split on a five-for-one basis, which was approved by the Board on August 28, 2025. The reverse stock split aims to improve the company’s stock price and maintain its Nasdaq listing, although there is no assurance of success.
The most recent analyst rating on (IBG) stock is a Buy with a $43.00 price target. To see the full list of analyst forecasts on Innovation Beverage Group Ltd. stock, see the IBG Stock Forecast page.
More about Innovation Beverage Group Ltd.
Innovation Beverage Group Ltd is a company based in Seven Hills, New South Wales, Australia, focusing on the beverage industry. The company is involved in producing and distributing various beverage products.
Average Trading Volume: 2,183,561
Technical Sentiment Signal: Strong Sell
Current Market Cap: $5.31M
For a thorough assessment of IBG stock, go to TipRanks’ Stock Analysis page.