Heritage Distilling Announces Strategic Transition of Alcohol Business to Reduce Expenses and Become Asset Light
Heritage Distilling Company, Inc. (“Heritage Distilling”), the wholly owned subsidiary of Heritage Distilling Holding Company, Inc. d/b/a IP Strategy (HDC or the Company) (Nasdaq: IPST), one of the nation’s most awarded independent craft distilleries, today announced a significant restructuring of its operations, including the closure of all company-owned tasting rooms and a transition of spirits production to third-party partners effective December 31, 2025.
Heritage Distilling Announces Ticker Symbol Change to “IPST”GIG HARBOR, Wash., Sept. 19, 2025 (GLOBE NEWSWIRE) -- Heritage Distilling Holding Company, Inc. (Nasdaq: CASK) (the “Company”) today announced that it will change its ticker symbol on the Nasdaq Capital Market (“Nasdaq”) from “CASK” to “IPST”, effective at the opening of trading on Monday September 22, 2025. The CUSIP number for the Company’s common stock will remain unchanged.
