Company: IPST
Filing Date: 2025-08-26
Form Type: S-1
Source: 0001213900-25-080839
Chunk: 116

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-08-26
Form: S-1
Chunk 116
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 17,400,000shares of common stock for a purchase price of $0.01 per share, consisting of: (i) warrants to purchase up to 3,875,000shares of common stock that will vest on the earlier of November 15, 2025 or the date on which the closing price of our common stock equals or exceeds $1.00 per share, (ii) warrants to purchase up to 4,075,000shares of common stock that will vest on the earlier of February 15, 2026 or the date on which the closing price of our common stock equals or exceeds $1.50 per share, (iii) warrants to purchase up to 4,200,000shares of common stock that will vest on the earlier of February 15, 2026 or the date on which the closing price of our common stock equals or exceeds $2.00 per share, and (iv) warrants to purchase up to 5,250,000shares of common stock that will vest in 12 equal monthly installments of 437,500shares beginning August 15, 2025 so that all of such warrants are vested 12 months following such date, with each Advisory Warrant exercisable only upon receipt of stockholder approval of the issuance of the common stock issuable upon exercise of the Advisory Warrants and subject to vesting, forfeiture and such other terms as are set forth therein. The Advisory Warrants contain incidental registration rights, pursuant to which we were required to register the shares of common stock issuable upon exercise of the Advisory Warrants for resale in the registration statement of which this prospectus forms a part. The holders of our Pre -FundedWarrants, Placement Agent Warrants and Advisory Warrants and the shares of common stock we issued to the Advisors are included among the Selling Stockholders included in this prospectus and we have registered an aggregate of 409,139,004shares of common stock issuable upon exercise of the Pre -FundedWarrants, Placement Agent Warrants and Advisory Warrants and such outstanding shares of common stock under the registration statement of which this prospectus forms a part. Such shares of common stock may be sold from time to time by such Selling Stockholders pursuant to this prospectus. Purchase, Sale and Exchange of Series B Preferred Stock Between January 23, 2025 and [July 7, 2025], we sold in private placements to 16 accredited investors an aggregate of 756,854shares of Series B Preferred Stock