Innovation Beverage Group Ltd ("IBG" or the "Company") (NASDAQ:IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, today announced the following updates regarding its compliance with the listing requirements of The Nasdaq Stock Market LLC ("Nasdaq").
n accordance with Nasdaq Listing Rules, the Company has 45 calendar days from the date of the Equity Notice to submit a plan to regain compliance (the "Compliance Plan"). If Nasdaq accepts the Compliance Plan, Nasdaq may grant the Company an extension of up to 180 calendar days from the date of the Equity Notice to evidence compliance. The Company intends to submit the Compliance Plan within the prescribed period, no later than November 6, 2026.
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