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Heritage Distilling Rebrands as IP Strategy, Announces Ticker Change to IPST and Reports Special Stockholder Meeting Results
Globenewswire·2025-09-22 12:30

Company rebrands as “IP Strategy” with focus on IPtokentreasurystrategy;newNasdaqtickersymbol,IPST,totakeeffectonSeptember22,2025.ShareholdersapprovedalloftheproposalsontheagendarelatedtotheCompanyspreviouslyannouncedprivateplacementfinancingtransaction,strengtheningcapitalstructureandauthorizingmeasurestosupportgrowth.RecentIP token treasury strategy; new Nasdaq ticker symbol, IPST, to take effect on September 22, 2025.Shareholders approved all of the proposals on the agenda related to the Company’s previously announced private placement financing transaction, strengthening capital structure and authorizing measures to support growth.Recent 223.8 million financing was ratified, eliminating 19.3millionindebtandaddingover53.2million19.3 million in debt and adding over 53.2 million IP tokens (worth approximately $731 m ...