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An announcement from Innovation Beverage Group Ltd. ( (IBG) ) is now available.
On September 22, 2025, Innovation Beverage Group Ltd announced a non-binding letter of intent for a reverse triangular merger with BlockFuel Energy, Inc., a Texas-based company involved in oil and gas exploration and Bitcoin mining. The merger, if completed, would see BlockFuel become a wholly owned subsidiary of IBG, with BlockFuel shareholders owning 90% of IBG’s shares. The transaction is subject to various approvals and conditions, and upon completion, IBG plans to rebrand as BlockFuel Energy Limited. This merger is expected to significantly enhance IBG’s market positioning by integrating BlockFuel’s advanced energy and digital asset technologies, potentially increasing IBG’s equity valuation to between $22 million and $34.3 million post-transaction.
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 (IBG) is a developer, manufacturer, and marketer of a diverse beverage portfolio, featuring 60 formulations across 13 alcoholic and non-alcoholic brands. The company focuses on premium and super-premium brands, aiming to disrupt traditional market categories. Established in 2018, IBG is headquartered in Sydney, Australia, with a U.S. sales office in California. Its most successful brand is Australian Bitters, a well-regarded bitters brand in Australia.
Average Trading Volume: 2,298,275
Technical Sentiment Signal: Strong Sell
Current Market Cap: $3.43M
See more data about IBG stock on TipRanks’ Stock Analysis page.