Innovation Beverage Group, together with its subsidiaries, engages in developing, manufacturing, selling, and exporting alcoholic beverages in Australia and the United States. The company offers bitters under the Australian Bitters Company and BitterTales brands; bottled cocktails under the Twisted Shaker brand; light spirits; and mixers. It also provides non-alcoholic beverages; non-alcoholic spirits under the Drummerboy brands; and other alcoholic beverages under the Australis Gin, VOCO, Cheeky Vodka, Coventry Estate Gin, and Geo Liqueurs brands. In addition, the company retails wines and spirits, as well as its other products, through its online marketplaces consisting of www.wiredforwine.com, www.bevmart.com, www.bevmart.com.au, and www.drummerboy.com. The company was formerly known as Australian Boutique Spirits PTY LTD and changed its name to Innovation Beverage Group Limited in June 2022. Innovation Beverage Group was incorporated in 2018 and is based in Seven Hills, Australia.
Innovation Beverage Group Limited Provides Update on Nasdaq Listing Compliance
Innovation Beverage Group filed its delinquent 2025 Annual Report on Form 20-F on September 17, 2026, and Nasdaq confirmed the filing-delinquency matter under Listing Rule 5250(c)(1) is closed.
However, on September 22, 2026 Nasdaq notified IBG it no longer meets the $2.5 million minimum stockholders' equity requirement, with FY2025 equity reported at negative $1,469,914. The company has until November 6, 2026 to submit a compliance plan, with a possible extension of up to 180 days if accepted.
IBG points to an unaudited balance sheet showing stockholders' equity of $5,003,707 as of March 31, 2026, which would exceed the minimum — though the figure excludes BlockFuel Energy, in which it acquired a 51% stake in March 2026.