---
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"
generated_at: "2026-05-19T06:42:29.266413+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Heritage Distilling increases authorized Series B Preferred shares from 750K to 850K

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001788230-25-000119
- JSON: https://secwatch.observer/filing/0001788230-25-000119.json
- Plain text: https://secwatch.observer/filing/0001788230-25-000119.txt

## Key facts
- Governance Changes
  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).
  - Change: charter amendment
  - Effective: 2025-06-12
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1788230/000178823025000119/0001788230-25-000119-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.