Business Context and Reporting Period
Company: Innovation Beverage Group Ltd
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: July 23, 2025
Reporting Period: Month of July 2025
Principal Executive Offices: 29 Anvil Road, Seven Hills, New South Wales, Australia, 2147
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance regarding the independent auditor.
Material Changes
- Auditor Resignation: Astra Audit & Advisory LLC ("Astra") resigned as the Company's independent registered public accounting firm effective immediately on July 17, 2025.
- Scope of Prior Engagement: Astra was engaged on December 12, 2024, to audit consolidated financial statements for fiscal years ended December 31, 2024, and 2023. Audit reports were issued and included in the Annual Report on Form 20-F for the fiscal year ended December 31, 2024.
- Reason for Resignation: The resignation was not the result of any disagreement with the Company on accounting principles, practices, financial statement disclosure, or auditing scope/procedures.
Outlook, Risks, and Management Commentary
- Successor Selection: The Company is currently in the process of selecting a new independent registered public accounting firm.
- Transition Plan: Management intends to work with both Astra and the successor auditor to ensure an orderly transition.
- Exhibits: A copy of Astra's resignation letter (dated July 17, 2025) is filed as Exhibit 99.1.
Investor Verification Checklist
- Verify the identity and qualifications of the newly appointed independent registered public accounting firm once announced.
- Review Exhibit 99.1 (Resignation letter) for any additional details not summarized in the main text.
- Monitor future filings for any delays in the issuance of subsequent financial reports due to the auditor transition.