New bioprinting technique creates functional tissue 10x fasterGIG HARBOR, Wash., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Heritage Distilling Holding Company Inc. (“Heritage” or the “Company”) (Nasdaq: CASK), a leading craft distiller of innovative premium brands, including whiskeys, vodkas, gins, rums and ready-to-drink canned cocktails, today announced the closing of its initial public offering of 1,687,500 shares of common stock at an initial public offering price of $4.00 per share, for gross proceeds of approximately $6.75 million, before deducting underwriting discounts and offering expenses. In addition, Heritage has granted the underwriters a 30-day over-allotment option to purchase up to an additional 253,125 shares of common stock at the initial public offering price, less underwriting discounts and commissions. The shares began trading on Nasdaq on November 22, 2024 under the symbol “CASK.” Newbridge Securities Corporation acted as the sole book-running manager for the offering. In addition to the shares being sold in the initial public offering, Heritage also closed on the sale of common warrants to purchase an aggregate of 382,205 additional shares of its common stock in a concurrent private placement to certain existing security holders. The common warrants have an exercise price equal to $0.01 per share and were sold for a price per common warrant equal to $3.99, the price per share at which the common stock was sold in the initial public offering less $0.01. The sale of the common warrants were not registered under the Securities Act of 1933, as amended, and as such, the shares issuable upon exercise of the common warrants may not be offered or sold absent registration or an applicable exemption from registration. The gross proceeds to Heritage from the initial public offering and the concurrent private placement, before deducting underwriting discounts and commissions and offering and private placement expenses payable by Heritage, were $8,250,000, excluding any exercise of the underwriters’ option to purchase additional shares of common stock. A registration statement on Form S-1 (File No. 333-279382) relating to the common stock offered and sold in the initial public offering was filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on November 12, 2024. Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov. This initial public offering was made only by means of a prospectus forming part of the registration statement relating to the common stock, which was filed on November 25, 2024 and is available on the SEC’s website at http://www.sec.gov, or may be obtained from Newbridge Securities Corporation, Attn: Equity Syndicate Department, 1200 North Federal Highway, Suite 400, Boca Raton, FL 33432, by email at syndicate@newbridgesecurities.com or by telephone at (877) 447-9625. This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. About Heritage Heritage is among the premier independent craft distilleries in the United States offering a variety of whiskeys, vodkas, gins, rums and ready-to-drink canned cocktails. Heritage has been the most awarded craft distillery in North America by the American Distilling Institute for ten years in a row out of the more than 2,600 craft producers, plus numerous other Best of Class, Double Gold, and Gold medals from multiple national and international spirits competitions. It is one of the largest craft spirits producers on the West Coast based on revenues and is developing a national reach in the U.S. through traditional sales channels (wholesale, on-premises, and e-commerce) and its unique and recently-developed Tribal Beverage Network (“TBN”) sales channel, which is collaborating with Native American tribes to develop Heritage-branded distilleries, brands, and tasting rooms and to develop brands unique to the tribes, to serve patrons of tribal casinos and entertainment venues, creating compelling social and economic benefits for participating tribal communities while allowing the tribes another channel through which to exercise tribal sovereignty. Forward-Looking Statements This press release contains forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as "aims," "anticipates," "believes," "could," "estimates," "expects," "forecasts," "goal," "intends," "may," "plans," "possible," "potential," "seeks," "will," and variations of these words or similar expressions that are intended to identify forward-looking statements. Any such statements in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Any forward-looking statements in this press release are based on Heritage’s current expectations, estimates and projections only as of the date of this release and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These and other risks concerning Heritage’s programs and operations are described in additional detail in its registration statement on Form S-1, which is on file with the SEC. Heritage explicitly disclaims any obligation to update any forward-looking statements except to the extent required by law. CONTACTS: Investors Scott Eckstein heritage@kcsa.com (212) 896 1210 Media Molly Crawford mcrawford@kcsa.com (408) 768 6974
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Aaron Rodgers left Week 17 with another NFL record, but not the one he wanted. Rodgers is heading into the final game of his two-year spell with the New York Jets and has not snapped the teams playoff drought, which is a US Sports-leading 14 seasons. Rodgers does however need to throw just one more touchdown to become just the second quarterback to throw 500 touchdowns in fewer than 250 games. It is a feat only achieved by Peyton Manning - not by Tom Brady, Dan Marino or Joe Montana and for Rodgers games are now running out. However, the 40-year-old arrived in Orchard Park to face the Buffalo Bills with 14 touchdowns in his last eight games, and no interceptions, his TD in defeat to the Rams in Week 16 leaving him on the brink of history. The feeling was the former Green Bay Packers quarterback would hit the mark and give the Jets something to celebrate in a miserable season. But standing on the brink he was left to reflect on slowly diminishing standards following a miserable afternoon in Western New York. Rodgers completed 12 of his 18 passes against the Buffalo Bills for 112 yards, but with no touchdowns and two interceptions he left the game in the second half as the Bills ran riot. Instead, Rodgers walked away with another NFL record but not the one he wanted. He was sacked four times on the day, the third of which saw him overtake the total of Tom Brady as the most sacks in an NFL career. It speaks to Rodgers longevity that he hit the mark, but it was a bad day at the office. To make matters worse, with the Jets trailing 40-0 Rodgers' replacement Tyrod Taylor came in to throw the Jets only two touchdowns of the afternoon. Rodgers has now played 247 games to stand one short, but with his future shrouded in doubt he may only have one more game to do it. The Jets face the Miami Dolphins at MetLife Stadium, but Rodgers has said he has not decided on whether he will stay with the Jets or even play on - adding another note of drama to his two-year spell in the Big Apple. Indianapolis Colts and Denver Broncos great Manning took 244 to reach the mark, Tom Brady (649 touchdown passes) and Drew Brees (571) join Hall of Famers Pro Manning (539) and Brett Favre (508) on an elite list of players to hit the mark. The closest active player is Matthew Stafford, who has 377 in 222 games. Patrick Mahomes is on track to beat Manning and Rodgers' pace with 245 passing scores in just 112 games. Davante Adams' first-ever receiving score happened to be the 200th passing TD of Aaron Rodgers’ career. In 2020, Adams caught Rodgers’ 400th touchdown pass while they were both on the Green Bay Packers. He is well aware of his place in history and was depserate to catch No. 500. “Obviously, I’d love to,” Adams said, via ESPN. “I got 200, I got 400, so it would be dope to get 500 as well . Adams and Rodgers will get one more try in Week 18, when the 4-12 Jets finish out a season that has seen them fire head coach Robert Saleh and general manager Joe Douglas. An overhaul is coming is coming in New Jersey, and whether Rodgers gets his landmark moment this season he also has franchise history in his sights. talkSPORT is your home of the NFL, join us every Sunday through the regular season and the playoffs for live commentary - and talkSPORT will be in New Orleans for Super Bowl LIX Catch up on the latest news, views and interviews via our dedicated NFL YouTube channel and weekly 'Run Down' showTrump convinced Republicans to overlook his misconduct. But can he do the same for his nominees?
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Gaetz withdraws as Trump's pick for attorney general, averting confirmation battle in the SenatePublished 6:39 pm Saturday, November 23, 2024 By Data Skrive As they gear up to square off against the Cleveland Cavaliers (16-1) on Sunday, November 24 at Rocket Mortgage FieldHouse, with the opening tip at 7:30 PM ET, the Toronto Raptors (4-12) have four players currently listed on the injury report. The Cavaliers have listed seven injured players. Watch the NBA, other live sports and more on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Use our link to sign up for a free trial. The Cavaliers enter this contest after a 128-100 win against the Pelicans on Wednesday. Ty Jerome scored a team-leading 29 points for the Cavaliers in the win. The Raptors’ most recent game on Thursday ended in a 110-105 victory over the Timberwolves. RJ Barrett scored a team-leading 31 points for the Raptors in the win. Name Position Status Injury PPG RPG APG Darius Garland PG Questionable Groin 20.6 2.4 7.0 Caris LeVert SG Questionable Knee 11.8 2.9 4.5 Dean Wade PF Questionable Ankle 5.5 4.2 1.5 Isaac Okoro SG Questionable Ankle 5.9 2.1 1.5 Sam Merrill SG Questionable Ankle 6.8 1.6 1.5 Emoni Bates SF Out Knee Max Strus SF Out Ankle Sign up for NBA League Pass to get live and on-demand access to NBA games. Name Position Status Injury PPG RPG APG Bruce Brown PG Out Knee Kelly Olynyk C Questionable Back Bruno Fernando C Questionable Ankle 3.5 3.4 1.1 Immanuel Quickley PG Questionable Elbow 15.3 2.0 4.0 Get tickets for any NBA game this season at StubHub. Catch NBA action all season long on Fubo. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .