Heritage Distilling Secures $82 Million in PIPE Funding and Launches IP Buyback Program

Nasdaq-listed Heritage Distilling has closed a significant funding round through a PIPE (Private Investment in Public Equity) financing, securing an investment of $82 million. The company is utilizing this capital to develop and acquire intellectual property (IP), strengthening its business strategy. To further enhance its IP portfolio, The Story Foundation will launch an IP buyback program in the public market starting August 15th and ending November 16th. This program will continue to grow the company’s IP holdings, while providing regular updates on progress to the community.