IP STRATEGY HOLDINGS, INC. (CASK) Heritage Distilling Holding Company, Inc. is an entity primarily focused on the creation, promotion, and distribution of artisanal alcoholic beverages, operating across the United States and internationally. Their product selection features a range of whiskeys, vodkas, gins, rums, and convenient pre-mixed canned cocktails. Customers can acquire these products through various channels, including wholesale partnerships, the company's own distilleries and associated tasting rooms, and directly via its online platform. This firm, established in 2011, maintains its principal business location in Gig Harbor, Washington.
Sector: Beverages
Industry: Beverages - Wineries & Distilleries
Sempreon, Inc. Common Stock NASDAQ:CASK Consumer Defensive · Beverages - Alcoholic
Mkt Cap $381.74M
Div Yield 2.70%
Earnings Feb 24 · in 4mo
Prev close $17.76 +0.34%Open $17.82 0.00% Now $17.82 VOL 10K $ Vol $182K RVOL 0.05x
Mkt Cap $381.74M
VOL 10K sh
$ Vol $182K
RVOL 0.05×
Earnings Feb 24 · in 4mo
Div Yield 2.70%
Press Release
Sempreon Officially Debuts as the New Name of MGP Ingredients
MGP Ingredients officially rebranded as Sempreon, Inc., with the new name and Nasdaq ticker symbol CASK taking effect today alongside the launch of sempreon.com.
The rebrand, first announced October 15, unifies the company's three businesses — Branded Spirits, Distilling Solutions and Ingredient Solutions — under one corporate identity built on more than 85 years of history.
No financial or operational changes were disclosed; the ticker change is administrative, though investors should update watchlists and data feeds from the former ticker.
• 7d ago AI analysis › Press Release ● Major ⚠ 4
MGP Ingredients Reports Third Quarter 2026 Results
MGP Ingredients reported Q3 2026 sales of $117.9 million, down 10% year-over-year, with adjusted EPS of $0.39 versus $0.85 a year ago and adjusted EBITDA down 33% to $21.5 million.
The decline was driven by an expected 47% drop in brown goods sales in Distilling Solutions amid industry-wide oversupply, partially offset by 5% growth in Ingredient Solutions and 12% growth in Penelope Bourbon. Net debt leverage rose to 3.6x from 1.8x, though the company cut total debt by $28.4 million in the quarter.
Management reaffirmed FY2026 guidance (sales $480M-$500M, adjusted EBITDA $90M-$98M, adjusted EPS $1.50-$1.80) and declared a $0.12 quarterly dividend. The company will be renamed Sempreon, Inc. and change its ticker to CASK on November 2, 2026.
• 12d ago AI analysis › Press Release
MGP Ingredients Announces Plans to Rebrand as Sempreon
businesswire.com • 25d ago Press Release ● Major
MGP Ingredients to Report Third Quarter 2026 Financial Results on Wednesday, October 28, 2026
businesswire.com • 26d ago