Company: IPST
Filing Date: 2025-12-19
Form Type: S-1/A
Source: 0001213900-25-123872
Chunk: 324

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-19
Form: S-1/A
Chunk 324
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 (17,801,538 | ) |     |             |  9,477,340 |     |             |  61,746 |     |               | (1,796,054 | ) |     |             | (457,127 | ) |
| Balance as of September 30, 2024 |     | $             |  18,482,353 |   |     | $           | 14,283,752 |     | $           | 856,614 |     | $             |     18,658 |   |     | $           |  127,076 |   |

There were no financial instruments for which fair value is determined using Level 3 inputs for the nine months ended September 30, 2025.

As of September 30, 2025, the fair value of the Company’s $IP Token intangible digital assets was based on the closing market price of the $IP Token as reported publicly on Coinbase as of September 30, 2025 of $ per $IP Token.

NOTE 7 — PRIVATE PLACEMENT OF COMMON STOCK (PRIVATE INVESTMENT IN PUBLIC EQUITY (“PIPE”) AND INTANGIBLE DIGITAL ASSETS Private Placement of Common Stock (Private Investment in Public Equity (“PIPE”)) —On August 15, 2025, the Company closed on a private placement to institutional and accredited investors and sold pre -fundedwarrants (the “Pre -FundedWarrants”) to purchase an aggregate of 18,518,944shares of common stock at a purchase price of $ 12.086per Pre -FundedWarrant, for an aggregate purchase price of $ 223.8million, before deducting placement agent fees and other offering expenses of $ 12,134,575. Of the total $ 223.8million purchase price for the Pre -FundedWarrants, $ 35.5million was paid in cash, $ 59.5million was paid in the cryptocurrency stablecoin commonly referred to as USDC (“USDC”), based on a purchase price of $ 1.00per USDC, and $ 128.8million was paid in $IP Tokens, which were valued for purposes of such offering at (i) $ 5.2413(representing a 20% discount from the closing price of $IP Tokens on August 8, 2025 as reported by CoinMarketCap.com) in the case of the Story Core Contributors (as defined in