Heritage Distilling Holding Company, Inc.’s Quiet Period To Expire on January 1st (NASDAQ:CASK)

Heritage Distilling’s (NASDAQ:CASK) quiet period is set to end on Wednesday, January 1st. Heritage Distilling had issued 1,687,500 shares in its public offering on November 22nd. The total size of the offering was $6,750,000 based on an initial share price of $4.00. During the company’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration 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

Shares of CASK stock opened at $2.37 on Friday. Heritage Distilling has a 1 year low of $2.00 and a 1 year high of $4.00.

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.