Company: IPST
Filing Date: 2025-08-18
Form Type: 8-K
Source: 0001788230-25-000128
Chunk: 2

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-08-18
Form: 8-K
Item: Item 1.01
Chunk 2
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 the Company plans to use $IP Tokens as its primary treasury reserve asset on an ongoing basis.

Cantor Fitzgerald & Co. and Roth Capital Partners, LLC acted as placement agents (the “Placement Agents”) for the Offering pursuant to a Placement Agency Agreement, dated as of August 11, 2025 (the “Placement Agent Agreement”) between the Company and the Placement Agents. Pursuant to the Placement Agent Agreement, the Company paid to the Placement Agents (i) a cash fee equal to approximately $4.3 million and (ii) warrants to purchase an aggregate of 4,307,289 shares of Common Stock, initially with an exercise price of $0.01 per share and a five-year term (the “Agent Warrants”). The Company also reimbursed the expenses of the Placement Agents up to a maximum of $300,000 in the aggregate.

The foregoing summaries of the Pre-Funded Warrants and the Amendments do not purport to be complete and are qualified in their entirety by reference to the complete text of those agreements or forms thereof, which are attached hereto

as Exhibits 4.1 and 10.1, respectively, to this Current Report on Form 8-K and are hereby incorporated by reference into this Item 1.01. In addition, the foregoing summaries of the Agent Warrants, the Subscription Agreements and the Placement Agent Agreement do not purport to be complete and are qualified in their entirety by reference to the complete text of those agreements or forms thereof, which were attached as Exhibits 4.3, 10.1 and 10.3, respectively, to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on August 11, 2025, and are hereby incorporated by reference into this Item 1.01. The representations, warranties and covenants contained in such agreements were made only for the purposes of such agreements and as of specific dates, were solely for the benefit of the parties to such agreements and may be subject to limitations agreed upon by the contracting parties.

Item 3.02 Unregistered Sales of Equity Securities.