Heritage Distilling’s (NASDAQ:CASK – Get Free Report) quiet period is set to end on Wednesday, January 1st. Heritage Distilling had issued 1,687,500 shares in its IPO on November 22nd. The total size of the offering was $6,750,000 based on an initial share price of $4.00. During Heritage Distilling’s quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any research reports for the company because of SEC regulations. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
Heritage Distilling Stock Performance
NASDAQ:CASK opened at $2.28 on Friday. Heritage Distilling has a twelve month low of $2.00 and a twelve month high of $4.00.
Heritage Distilling (NASDAQ:CASK – Get Free Report) last posted its earnings results on Friday, December 27th. The company reported ($8.02) earnings per share for the quarter.
Heritage Distilling Company Profile
Heritage Distilling Holding Company Inc is a craft distiller of premium brands, including whiskeys, vodkas, gins, rums and ready-to-drink canned cocktails. Heritage Distilling Holding Company Inc is based in GIG HARBOR, Wash.
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