{"schema_version":"secwatch.filing_event.v1","accession":"0001788230-25-000119","form_type":"8-K","ticker":"IPST","cik":"0001788230","company_name":"IP STRATEGY HOLDINGS, INC.","filed_at":"2025-06-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.728027+00:00","generated_at":"2026-05-19T06:42:29.266413+00:00","sec_items":["5.03","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Heritage Distilling increases authorized Series B Preferred shares from 750K to 850K","bullets":["Authorized Series B Convertible Preferred shares increased by 100,000 to 850,000 total.","As of June 12, 2025, 742,137 Series B shares were issued, nearly exhausting prior limit.","Amendment also corrects typographical errors in the Certificate of Designations.","Filed with Delaware Secretary of State on June 12, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001788230-25-000119","json":"https://secwatch.observer/filing/0001788230-25-000119.json","markdown":"https://secwatch.observer/filing/0001788230-25-000119.md","text":"https://secwatch.observer/filing/0001788230-25-000119.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1788230/000178823025000119/0001788230-25-000119-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1788230/000178823025000119/cask-20250612.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T06:42:29.266413+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":[{"claim_id":"6350ba1d69a23c54bfa50508be11a9468bf69253","claim":"IP STRATEGY HOLDINGS, INC.: Increased authorized Series B Convertible Preferred Stock from 750,000 to 850,000 shares and corrected typographical errors in Section 3.3 of Certificate of Designations (effective 2025-06-12).","evidence_excerpt":"On June 12, 2025, Heritage Distilling Holding Company, Inc. (the “Company”) filed a Certificate of Amendment (the “Amendment”) to the Certificate of Designations, Preferences, Powers and Rights of the Series B Convertible Preferred Stock (the “Certificate of Designations”) with the Delaware Secretary of State. The Amendment increased the authorized number of shares of Series B Convertible Preferred Stock from 750,000 shares to 850,000 shares and amended and restated Section 3.3 of the Certificate of Designations in its entirety to correct certain typographical errors.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1788230/000178823025000119/0001788230-25-000119-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-06-12"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}