Company: IPST
Filing Date: 2025-08-15
Form Type: 424B3
Source: 0001641172-25-024420
Chunk: 220

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-08-15
Form: 424B3
Chunk 220
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uring the digital asset treasury and will continue to serve as a strategic adviser to both.

Seung Yoon “SY” Lee, CEO and Co-founder of PIP Labs, Chairman of Heritage Advisory Board and original creator of Story, said: “This is the perfect moment to be innovating at the intersection of crypto, AI, and Real World Asset tokenization. Now, with the proliferation of AI, it is our belief that $IP will be viewed as the new gold and has the potential to become increasingly valuable. Story Foundation’s net cash proceeds from its $IP token sale to Heritage as part of this transaction will be used to expand the network’s reach and support market $IP repurchases, reinforcing long-term ecosystem alignment.”

“This transaction represents a bold leap forward, not just for Heritage, but for how public companies can participate in the digital asset economy,” said Justin Stiefel, CEO of Heritage. “For more than a decade we have been a leader in our industry, and because we know the value that intellectual property brings to creators and owners, we see $IP as a new category of strategic reserve to advance multiple pieces of the next decade of AI’s growth. As the first craft distiller in the U.S. to create a cryptocurrency treasury reserves policy, we are once again leading the way in this digital space.”

Also involved in this strategic transaction are respected crypto and tech leaders who have acted as advisors to the transaction and are expected to continue to advise Heritage to support the company’s strategic direction, bringing together deep expertise across capital markets, crypto, and AI:

| ● | S.Y.                                                                                                                             
 Lee – Advisory Board Chairman (Founder and CEO of PIP Labs, original creator of Story)                                           |
| ● | Phil                                                                                                                             
 Blows – Chief Investment Officer Appointee (Co-founder of -AQRU and B2 Capital Management)                                       |
| ● | Ben                                                                                                                              
 Sternberg – Strategic Finance Advisor (PIP Labs CFO, former CFO at Radish, Founder of Fexy Media)                                |
| ● | David                                                                                                                            
 Lee – Board Member Nominee (former Google Executive, former Chief Corporate Development Officer 451 Media)                       |
| ● | Erick                                                                                                                            
 Zhang– Board Member Nominee (Founding Partner of Nomad Capital, former Head of Research at Binance, former CEO of CoinMarketCap) |
| ● | Ravi                                                                                                                             
 Kaza – Special Advisor to the Board and Digital Assets Committee (CIO, Arrington Capital)                                        |

“Story was built