IP Strategy Holdings, Inc.
NASDAQ Global MarketCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Justin Stiefel
- Full Time Employees
- 21
- Sector
- Consumer Defensive
- Industry
- Beverages - Alcoholic
- Address
- 9668 Bujacich Road Gig Harbor WA United States of America 98332
- IPO Date
- Nov 26, 2024
- CIK
- 0001788230
- Website
- ir.ipstrategy.co
- Similar Companies
- Business
- Heritage Distilling Holding Company, Inc. (Nasdaq: IPST) produces and markets premium craft spirits including whiskeys such as Special Operations Salute Whiskey, 1st Special Forces Group Whiskey, Cocoa Bomb Chocolate Whiskey, Stiefel’s Select, Elk Rider series, and BATCH NO. 12; vodkas encompassing the HDC series of more than 20 naturally flavored varieties; gins like Florescence; rums; aquavit; and ready-to-drink cocktails, all crafted primarily from local, sustainably sourced ingredients using a field-to-flask approach. The company operates through wholesale distribution, direct-to-consumer e-commerce across 46 states, and the Tribal Beverage Network (TBN) initiative partnering with Native American tribes to develop Heritage-branded distilleries, tasting rooms, and tribe-specific brands for casino and entertainment venues. Heritage Distilling Holding Company maintains two production distilleries and tasting rooms in Washington and Oregon, including sites in Gig Harbor, Tumwater, Roslyn, and Eugene. Founded in 2011 by Justin and Jennifer Stiefel and U.S. Army veterans Drew and Sara Kellerman, the company is headquartered in Gig Harbor, Washington, and ranks as North America's most awarded craft distillery by the American Distilling Institute for ten consecutive years among nearly 3,000 entrants. In October 2025, Heritage announced a strategic restructuring transitioning to an asset-light model by closing all company-owned tasting rooms and shifting spirits production to third-party partners effective December 31, 2025, to cut annual operating expenses by over $5 million including $1.1 million in production overhead while reducing revenues by about $3 million and working capital needs by more than $2 million; this follows its November 2024 Nasdaq IPO achieving positive EBITDA and net income for the first time, a $15 million equity line of credit formalized in February 2025, and over $19 million in prior liability reductions.
IP Strategy Publishes Monthly Validator Update
IP Strategy Publishes Monthly Validator Update
IP Strategy Highlights Story Foundation's Transition to The DATA Foundation and Launch of DATA Network
IP Strategy Publishes Monthly Validator Update
House of Doge Partners with IP Strategy to Build Blockchain-Powered IP Registration and Creator Monetization Ecosystem
IP Strategy to Participate in Virtual Fireside Chat Hosted by Seaport Research Partners
IP Strategy Regains Compliance with Nasdaq Continued Listing Standards
IP Strategy Highlights Poseidon's Launch of Numo, Expanding Supply of Rights-Cleared AI Training Data on Story
IP Strategy Publishes Monthly Validator Update
IP Strategy Highlights Launch of Confidential Data Rails on Story for Secure AI Data Access
IP Strategy Highlights the Story Global Wallet: Advancing Access to Programmable IP Infrastructure
IP Strategy Announces Reverse Stock Split
IP Strategy Appoints Brian C. Jun to Board of Directors, Strengthening Cryptocurrency, Tax and AI Expertise
IP Strategy Highlights Aria's Frontline K-Pop Release with RESCENE on Story
IP Strategy Publishes Monthly Validator Update
IP Strategy Highlights Verse8's $5M Raise as AI-Native Game Creation Enters the $200B Global Gaming Market
IP Strategy Highlights GenoBank's Expansion of Onchain Genomic Data on Story
IP Strategy Highlights Tokenized K-Culture IP Distribution via WAVIST on Story
IP Strategy Highlights ZenO's Public Beta for Real-World AI Data on Story
IP Strategy to Present at the 38th Annual ROTH Conference