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Stock impact report

Heritage Distilling Co. Announces Listing on NASDAQ and Pricing of Initial Public Offering

Heritage Distilling Holding Company, Inc. (CASK) 
Company Research Source: GlobeNewswire
GIG HARBOR, Wash., Nov. 22, 2024 (GLOBE NEWSWIRE) -- Heritage Distilling Holding Company Inc. (“Heritage” or the “Company”) (Nasdaq: CASK), a leading craft distiller of innovative premium brands, including whiskeys, vodkas, gins, rums and ready-to-drink canned cocktails, today announced the pricing of its initial public offering of 1,687,500 shares of common stock at an initial public offering price of $4.00 per share, for gross proceeds of approximately $6.75 million, before deducting underwriting discounts and offering expenses. All shares of common stock are being offered by Heritage. In addition, Heritage has granted the underwriters a 30-day over-allotment option to purchase up to an additional 253,125 shares of common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on Nasdaq on November 22, 2024 under the symbol “CASK.” The offering is expected to close on November 25, 2024, subject to the satis Show less Read more
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