Skip to main content

Heritage Distilling Announces Ticker Symbol Change to “IPST”

Written by Customer Service on . Posted in Public Companies.

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.

The new ticker reflects the Company’s strategic focus on its $IP token treasury strategy and the $80 trillion intellectual property economy. No action is required by current stockholders. Shares of the Company’s common stock will continue to be listed and traded on Nasdaq.

Additional details regarding the Company’s strategy and results of its recent Special Meeting of Stockholders will be provided in a separate press release expected to be issued on Monday September 22, 2025 before market open.

About IP Strategy
IP Strategy is the d/b/a name of Heritage Distilling Holding Company, Inc.’s (Nasdaq: CASK) new treasury reserve vehicle centered on $IP, the native token of Story. Through this strategy, the Company offers public market investors both category-wide exposure to the programmable IP economy, a regulated, equity-based path to participate in its growth spanning media, brands, and AI training data without needing to hold crypto directly. Learn more at www.ipstrategy.co

Forward-Looking Statements
This press release contains forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as “aims,” “anticipates,” “believes,” “could,” “estimates,” “expects,” “forecasts,” “goal,” “intends,” “may,” “plans,” “possible,” “potential,” “seeks,” “will,” and variations of these words or similar expressions that are intended to identify forward-looking statements. Any such statements in this press release that are not statements of historical fact may be deemed to be forward-looking statements. These forward-looking statements include, but are not limited to, the expected timing of the Company’s ticker symbol change, the Company’s $IP token treasury strategy and the expected timing for announcing the results of its recent Special Meeting of Stockholders.

Any forward-looking statements in this press release are based on the Company’s current expectations, estimates and projections only as of the date of this release and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the Company’s digital asset treasury strategy, the value of $IP, the legal, commercial, regulatory and technical uncertainty regarding digital assets generally, the treatment of crypto assets for U.S. and foreign tax purposes, expectations with respect to future performance, growth and anticipated acquisitions, that the Company’s stock price may be highly correlated to the price of the digital assets that it holds, the stability or demand of the Story Network, the ability of the Company to execute on its treasury reserve plans, the Company’s yield and capital management strategies and $IP’s potential. These and other risks concerning the Company’s programs and operations are described in additional detail in its registration statement on Form S-1 filed on August 26, 2025, its latest annual report on Form 10-K, subsequent quarterly reports on Form 10-Q and annual reports on Form 10-K, and any other subsequent filings with the SEC, as well as the supplemental risk factors included in Addendum A to the form of Subscription Agreement filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on August 11, 2025. The Company explicitly disclaims any obligation to update any forward-looking statements except to the extent required by law.

Investor Contact
(800) 595-3550
ir@ipstrategy.co

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.