Company: IPST
Filing Date: 2025-12-12
Form Type: S-1/A
Source: 0001213900-25-121277
Chunk: 361

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-12
Form: S-1/A
Chunk 361
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,124shares of common stock (of which up to 6,417were to a related party) when the 10 -Trading-DayVWAP of the common stock reaches 200% of the $ 80per share initial public offering price (or $ 160per share), and that will expire on the 24 -monthanniversary of the Company’s initial public offering (the “$ 160Contingent Legacy Shareholder Warrants”); •Tranche 2 — for up to 76,248shares of common stock (of which up to 12,835were to a related party) when the 10 -Trading-DayVWAP of the common stock reaches 300% of the $ 80per share initial public offering price (or $ 240per share), and that will expire on the 42 -monthanniversary of the Company’s initial public offering (the “$ 240Contingent Legacy Shareholder Warrants”); and, •Tranche 3 — for up to 95,311shares of common stock (of which up to 16,044were to a related party) when the 10 -Trading-DayVWAP of the common stock reaches 500% of the $ 80per share initial public offering price (or $ 400per share), and that will expire on the 60 -monthanniversary of the Company’s initial public offering (the “$ 400Contingent Legacy Shareholder Warrants”). As of September 30, 2025, there were outstanding and exercisable: 31,272$ 160Contingent Legacy Shareholder Warrants; 62,544$ 240Contingent Legacy Shareholder Warrants; and 78,180$ 400Contingent Legacy Shareholder Warrants, (of which 0; 0; and 0, respectively were to a related party). NOTE 14 — BASIC AND DILUTED NET INCOME/(LOSS) PER SHARE The Company computes basic net income/(loss) per share by dividing net income/(loss) for the period by the weighted -averagenumber of common shares outstanding during the period. The Company computes diluted net income/(loss) per share by dividing net income/(loss) for the period by the weighted -averagenumber of common shares outstanding during the period, plus the dilutive effect of the stock options, RSU awards and exercisable F-49

Heritage Distilling Holding Company, Inc.
Notes to Condensed Consolid