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Innovation Beverage Group Ltd received a Nasdaq notice on September 22, 2026, indicating non-compliance with the…
IBGInnovation Beverage Group Ltd
Innovation Beverage Group Ltd received a Nasdaq notice on September 22, 2026, indicating non-compliance with the minimum stockholders' equity requirement of $2.5 million under Listing Rule 5550(b)(1). The company reported negative equity of ($1,469,914) for fiscal year 2025. However, an unaudited balance sheet as of March 31, 2026, shows stockholders' equity improved to $5,003,707, exceeding the listing threshold. The company intends to submit a compliance plan by November 6, 2026, and may receive an extension up to 180 days if Nasdaq accepts the plan. This follows the resolution of a separate delinquency issue regarding its late Form 20-F filing for fiscal year 2025. Innovation Beverage Group Ltd is a global beverage company specializing in the development, production, and commercialization of premium craft spirits, bitters, and ready-to-drink beverages.