Innovation Beverage Group Ltd. is set to be delisted from The Nasdaq Capital Market due to its failure to meet the minimum bid price requirement, as its ordinary shares closed at less than $1 per share over the previous 30 consecutive business days. Despite being given a 180-day period to regain compliance, the company has not met the necessary criteria and is ineligible for an additional 180-day extension. As a result, unless an appeal is requested by September 5, 2025, the company's securities will be suspended at the opening of business on September 9, 2025, and a Form 25-NSE will be filed with the SEC to remove its securities from listing and registration on The Nasdaq Stock Market.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Innovation Beverage Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001731122-25-001197), on September 04, 2025, and is solely responsible for the information contained therein.