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

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 initial 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, insiders and underwriters involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. 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 Trading Down 13.0 %

Shares of CASK stock opened at $2.62 on Wednesday. Heritage Distilling has a fifty-two week low of $2.00 and a fifty-two week high of $4.00.

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.