Heritage Distilling receives Nasdaq bid price deficiency notice; 180-day cure period to Oct 13, 2025

IP STRATEGY HOLDINGS, INC.

Received Nasdaq notice on April 14, 2025 for non-compliance with minimum bid price rule (closing bid price below $1.00 for 30 consecutive business days).
Company has until October 13, 2025 to regain compliance; shares continue trading on Nasdaq Capital Market.
If bid price closes at or above $1.00 for 10 consecutive business days within cure period, compliance may be restored.
If not compliant by Oct 13, may seek second 180-day compliance period subject to meeting other listing standards.
Company is evaluating measures to cure deficiency but provides no assurance of regaining compliance.

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