{"schema_version":"secwatch.filing_event.v1","accession":"0001788230-25-000105","form_type":"8-K","ticker":"IPST","cik":"0001788230","company_name":"IP STRATEGY HOLDINGS, INC.","filed_at":"2025-06-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.727377+00:00","generated_at":"2026-05-20T01:49:43.743194+00:00","sec_items":["3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Heritage Distilling raises $6.4M via Series B convertible preferred and warrants","bullets":["Sold 642,137 Series B Preferred shares to 14 accredited investors for gross proceeds of $6,421,377.","Series B carries 15% cumulative dividend, stated value $12/share, convertible at weighted avg $0.47/share.","Issued five-year warrants: 911,225 shares at $0.01 exercise price and 327,868 shares at $0.001.","Conversion of Series B (incl. accrued dividends) yields up to ~16.35M common shares.","Warrant exercise conditioned on stockholder approval per Nasdaq Listing Rule 5635(d)(2)."],"urls":{"canonical":"https://secwatch.observer/filing/0001788230-25-000105","json":"https://secwatch.observer/filing/0001788230-25-000105.json","markdown":"https://secwatch.observer/filing/0001788230-25-000105.md","text":"https://secwatch.observer/filing/0001788230-25-000105.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1788230/000178823025000105/0001788230-25-000105-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1788230/000178823025000105/cask-20250522.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T01:49:43.743194+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}