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-0.12280701754386 -0.210526315789474 -0.195614035087719 -0.157368421052631 -0.140350877192982 -0.123859649122807 -0.105438596491228 -0.140175438596491
Stock impact report

IP Strategy Announces Reverse Stock Split

Heritage Distilling Holding Company, Inc. (IPST) 
Company Research Source: GlobeNewswire
GIG HARBOR, Wash., Oct. 31, 2025 (GLOBE NEWSWIRE) -- Heritage Distilling Holding Company Inc. d/b/a IP Strategy (Nasdaq: IPST) (the “Company”), the first company to adopt a treasury reserve policy centered on the $IP token, today announced that its Board of Directors has approved a 1-for-20 reverse stock split of the Company’s common stock. The reverse stock split is expected to become effective at 12:01 a.m. on November 5, 2025, and the Company’s common stock is expected to begin trading on the Nasdaq Capital Market on a split-adjusted basis when the market opens on November 5, 2025, under its existing ticker symbol, “IPST.” The new CUSIP number will be 42727R 203. Upon effectiveness, every 20 shares of the Company’s issued and outstanding common stock will be automatically combined into one share of common stock. The reverse stock split will not affect the number of authorized shares of common stock or preferred stock, the par value of the common stock, or the rights of stockhold Show less Read more
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