IBG Stock Slides Despite BlockFuel Deal As Energy Pivot Takes Shape

• Innovation Beverage Group shares are retreating from recent levels. Why are IBG shares down?IBG acquired 127,628 BlockFuel shares through a share exchange agreement. It issued warrants for 3.8 million IBG shares, subject to approvals. These will convert into 20.6 million shares upon completion of the merger.The company also provided a $2.5 million unsecured loan to BlockFuel, strengthening its ownership position.Post-Merger Structure and OwnershipUnder an amended merger agreement, BlockFuel will become a ...