Business
Innovation Beverage Group Announces Reverse Stock Split
SEVEN HILLS, Australia, Jan. 28, 2026 (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. The Reverse Stock Split will become effective at 12:01 a.m. Eastern Time on January 30, 20
About this update from Innovation Beverage Group Limited
[{"type":"text","content":"SEVEN HILLS, Australia, Jan. 28, 2026 (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.","length":409,"tagName":"p"},{"type":"text","content":"The Reverse Stock Split will become effective at 12:01 a.m. Eastern Time on January 30, 2026 (the “Effective Time”), and the Company’s ordinary shares will begin trading on a split-adjusted basis when the market opens on January 30, 2026. Following the Reverse Stock Split, the Company’s ordinary shares will continue to trade on The Nasdaq Capital Market under the symbol “IBG”, with a new CUSIP number of Q4933C208. As of January 28, 2026, the Company had 3,470,331 ordinary shares issued and outstanding. Following the Reverse Stock Split, there will be 694,066 ordinary shares issued and outstanding.","length":604,"tagName":"p"},{"type":"text","content":"Stockholders holding their shares in brokerage accounts are encouraged to direct any questions regarding the Reverse Stock Split to their broker. Stockholders of record holding shares through the Company’s transfer agent, VStock Transfer, may direct questions to VStock Transfer at (212) 828-8436 or [email protected].","length":336,"tagName":"p"},{"type":"text","content":"About Innovation Beverage Group Ltd","length":35,"tagName":"p"},{"type":"text","content":"Innovation Beverage Group Ltd is a developer, manufacturer, marketer, exporter, and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands for which it owns exclusive manufacturing rights. Focused on premium and super premium brands and market categories where it can disrupt age old brands, IBG’s brands include Australian Bitters, BITTERTALES, Drummerboy Spirits, Twisted Shaker, and more. IBG’s most successful brand to date is Australian Bitters, which disrupted a 200-year-old market leader, giving the Company a market dominating position in several territories including a partnership in Australia with Coca-Cola Europacific Partners. Established in 2018, IBG’s headquarters, distillery, innovation, and ma...