IP Strategy Announces Reverse Stock Split

GIG HARBOR, Wash., Oct. 31, 2025 (GLOBE NEWSWIRE) -- Heritage Distilling Holding Company Inc. d/b/a IP Strategy (Nasdaq: IPST) (the “Company”), the first company to adopt a treasury reserve policy centered on the $IP token, today announced that its Board of Directors has approved a 1-for-20 reverse stock split of the Company’s common stock. The reverse stock split is expected to become effective at 12:01 a.m. on November 5, 2025, and the Company’s common stock is expected to begin trading on the Nasdaq Capital Market on a split-adjusted basis when the market opens on November 5, 2025, under its existing ticker symbol, “IPST.” The new CUSIP number will be 42727R 203.

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