Heritage Distilling completes $220 million in financing and launches IP Token fiscal strategy

robot
Abstract generation in progress

On August 11, according to data platform statistics, the stock price of the new "IP Treasury Strategy" company Heritage Distilling (CASK) fell 15% in pre-market trading, currently reported at 0.59 USD.

Heritage Distilling Holding Company (NASDAQ: CASK) today announced the completion of a $220 million private placement (which includes $100 million in cash and $120 million in IP tokens). This round of financing was participated in by the Story Foundation, a well-known venture capital firm, and certain trading platforms, aimed at launching the world's first IP token digital asset fiscal strategy.

IP-5.84%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
ForkTonguevip
· 20h ago
Purely Be Played for Suckers project, don't touch.
View OriginalReply0
LightningLadyvip
· 08-12 15:52
Another Be Played for Suckers is here.
View OriginalReply0
MoonlightGamervip
· 08-11 13:18
Tsk tsk, this fall is a bit tragic.
View OriginalReply0
MoonBoi42vip
· 08-11 13:18
Another loss-making IPO enter a position opportunity
View OriginalReply0
PoolJumpervip
· 08-11 13:09
It's just another game for capitalists.
View OriginalReply0
ReverseFOMOguyvip
· 08-11 13:07
A fall might actually be promising.
View OriginalReply0
GateUser-bd883c58vip
· 08-11 12:57
Another sucker playing people for suckers
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)