Company: IPST
Filing Date: 2025-06-23
Form Type: 424B3
Source: 0001641172-25-015954
Chunk: 16

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-06-23
Form: 424B3
Chunk 16
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 our research and development efforts to expand and improve our product offerings and to successfully launch new products. |

Our future funding requirements will depend on many factors, including:

| ● | the                                                                                                                                      
 trading price and volumes of our common stock in the public market;                                                                      |
| ● | market                                                                                                                                   
 acceptance of our products and services;                                                                                                 |
| ● | the                                                                                                                                      
 cost and timing of establishing additional sales, marketing and distribution capabilities;                                               |
| ● | our                                                                                                                                      
 ability to expand the TBN and to generate royalty revenues therefrom;                                                                    |
| ● | the                                                                                                                                      
 cost of our research and development activities;                                                                                         |
| ● | the                                                                                                                                      
 success of our existing distribution and marketing arrangements and our ability to enter into additional arrangements in the future;     
 and                                                                                                                                      |
| ● | how                                                                                                                                      
 competing products and market developments in our industry impact our position in the market and how consumers view us and our products. |

There can be no assurance that we will be able to obtain additional funds on acceptable terms, or at all. Our ability to obtain additional financing will be subject to market conditions, our operating performance and investor sentiment, among other factors. If we raise additional funds by issuing equity or equity-linked securities, including through the equity line of credit (ELOC) or the sale of additional shares of preferred stock or other securities or instruments our stockholders may experience dilution. Future debt financing, if available, may involve covenants restricting our operations or our ability to incur additional debt. Any debt or equity financing may contain terms that are not favorable to us or our stockholders. If we do not have, or are not able to obtain, sufficient funds, we may have to delay development or commercialization of our products. We also may have to reduce marketing, customer support or other resources devoted to our products or cease operations. Any of these factors could have a material adverse effect on our financial condition, operating results, and general business operations.

| 13 |

We may continue to have limited capital depending on our ability to raise additional equity or debt financing, how our funds are managed and how well our products and services continue to be received in the marketplace.

There can be no assurance that we can timely realize our business plan, if at all, to reach sustainable revenues to cover future operational costs or new obligations that we may incur to expand our operations. Any material deviation from our business plan timetable could require us to seek additional capital. There can be no assurance that such capital would be available at reasonable cost, or