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

Heritage Distilling’s (NASDAQ:CASK) quiet period will expire 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 the company’s quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Heritage Distilling Stock Down 3.8 %

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) last posted its quarterly earnings data on Friday, December 27th. The company reported ($8.02) EPS for the quarter.

About Heritage Distilling

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.