Company: IPST
Filing Date: 2025-08-15
Form Type: 424B3
Source: 0001641172-25-024420
Chunk: 64

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-08-15
Form: 424B3
Chunk 64
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 Shares in accordance with the provisions of Section      
 2(d)(i) above pursuant to an exercise on or before the Warrant Share Delivery Date (other      
 than any such failure that is solely due to any action or inaction by the Holder with respect  
 to such exercise), and if after such date the Holder is required by its broker to purchase     
 (in an open market transaction or otherwise) or the Holder’s brokerage firm otherwise          
 purchases, shares of Common Stock to deliver in satisfaction of a sale by the Holder of the    
 Warrant Shares which the Holder anticipated receiving upon such exercise (a “Buy-In”),         
 then the Company shall (A) pay in cash to the Holder the amount, if any, by which (x) the      
 Holder’s total purchase price (including brokerage commissions, if any) for the shares         
 of Common Stock so purchased exceeds (y) the amount obtained by multiplying (1) the number     
 of Warrant Shares that the Company was required to deliver to the Holder in connection with    
 the exercise at issue times (2) the price at which the sell order giving rise to such purchase 
 obligation was executed, and (B) at the option of the Holder, either reinstate the portion     
 of the Warrant and equivalent number of Warrant Shares for which such exercise was not honored 
 (in which case such exercise shall be deemed rescinded) or deliver to the Holder the number    
 of shares of Common Stock that would have been issued had the Company timely complied with     
 its exercise and delivery obligations hereunder. For example, if the Holder purchases shares   
 of Common Stock having a total purchase price of $11,000 to cover a Buy-In with respect to     
 an attempted exercise of Warrants with an aggregate sale price giving rise to such purchase    
 obligation of $10,000, under clause (A) of the immediately preceding sentence the Company      
 shall be required to pay the Holder $1,000. The Holder shall provide the Company written       
 notice indicating the amounts payable to the Holder in respect of the Buy-In and, upon request 
 of the Company, evidence of the amount of such loss. Nothing herein shall limit a Holder’s     
 right to pursue any other remedies available to it hereunder, at law or in equity including,   
 without limitation, a decree of specific performance and/or injunctive relief with respect     
 to the Company’s failure to timely deliver shares of Common Stock upon exercise of             
 the Warrant as required pursuant to the terms hereof.                                          |

| vi. | No