Better World Acquisition Corp. Announces Business Combination Transaction With Heritage Distilling Holding Company, Inc.
NEW YORK, Dec. 09, 2022 (GLOBE NEWSWIRE) — Better World Acquisition Corp. (“Better World”) (Nasdaq:BWAC), an ESG-focused special purpose acquisition company, today announced it has entered into a Business Combination Agreement (the “Agreement”) with Heritage Distilling Holding Company, Inc. (“Heritage” or the “Company”), a leading craft distiller of innovative premium brands. The parent company following the consummation of the transaction, Heritage Distilling Group, Inc., will be a new Delaware holding company (the “Combined Company” or “Pubco”) that will be led by Justin Stiefel, Co-Founder and Chief Executive Officer of Heritage. Pubco’s common stock is expected to be listed on the Nasdaq Capital Market following the consummation of the transaction under the ticker symbol “CASK”.