Heritage Distilling’s (NASDAQ:CASK – Get Free Report) quiet period will expire 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 Heritage Distilling’s quiet period, insiders and any underwriters 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
CASK opened at $1.93 on Tuesday. Heritage Distilling has a fifty-two week low of $1.80 and a fifty-two week high of $4.00.
Heritage Distilling (NASDAQ:CASK – Get Free Report) last posted its quarterly earnings results on Friday, December 27th. The company reported ($8.02) EPS 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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