Company: IPST
Filing Date: 2025-12-19
Form Type: S-1/A
Source: 0001213900-25-123872
Chunk: 418

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-19
Form: S-1/A
Chunk 418
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977,656 |   |     |             |  1,078,132 |   |     |               | (1,814,712 | ) |
| Converted to Equity             |     | $             | (15,278,168 | ) |     | $           | (11,784,068 | ) |     | $           | (1,873,000 | ) |     | $             |          — |   |
| Balance as of December 31, 2024 |     | $             |           — |   |     | $           |           — |   |     | $           |          — |   |     | $             |          — |   |

NOTE 9 — STOCKHOLDERS’ EQUITY/(DEFICIT) On May 14, 2024, the Board and Shareholders of the Company approved a .57 -for-1reverse stock split. Additionally, on October16, 2025, the Board approved, and on November5, 2025 the Company effected, a 1 -for-20reverse stock split. All share and per share numbers included in these financial statements as of and for the years ended December 31, 2024 and 2023 and the years then ended all periods presented reflect the effect of that stock split unless otherwise noted. On November 25, 2024, the Company consummated its initial public offering (“IPO”) whereby it sold a total of 84,375shares of common stock, at an offer price of $ 80.00per share. The Company received net proceeds from the IPO of $ 5,960,000after deducting underwriting expenses and commission of $ 790,000. Concurrent with the closing of the IPO on November 25, 2024, the Company consummated a private offering, to certain of its existing security holders, of common stock warrants to purchase an aggregate of up to 19,110shares of common stock (the “Common Warrants”) at an exercise price of $ 0.20per share. The Common Warrants were sold in such private placement for a purchase price of $ 79.80per Common Warrant, which was equal to the $ 80.00price per share at which the common stock was sold in the IPO offering less the $ 0.20exercise price. The Company received net proceeds from the private offering of Common Warrants of $ 1,397,998after deducting underwriting