Company: IPST
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-006695
Chunk: 9

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 9
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21 national and local charities, such as the Green Beret   
 Foundation, the Marine Raider Foundation, the Honor Foundation, the Special Forces Foundation, the Army Special Operations Association,     
 the Special Operations Memorial Foundation, and the Foundation for Exceptional Warriors, among others. Since the launch of the Army         
 SOF version in late October 2023 through September 30, 2024, we have sold nearly 17,000 bottles directly to consumers in our tasting        
 rooms and online, and to select wholesalers, representing more than $1,400,000 in revenue. In May 2024, we launched a three-bottle set      
 commemorating the 80th anniversary of D Day, which also features artwork by Michael Solovey depicting the combined air, land, and sea       
 efforts on June 6, 1944, along the coast of Normandy, France. Since its launch in May 2024, we have sold nearly 7,000 bottles of this       
 limited edition offering, with charitable components from such sales going to the Green Beret Foundation and other partnering charities.    
 In August 2024, we launched the latest product under our Salute Series called War Dogs and have sold more than 2,500 bottles                
 online through just our DtC e-commerce channel, with charitable components from each sale going to military K-9 nonprofit groups. Both      
 the D Day and War Dogs products retail for $95 each, plus taxes and shipping (if shipped DtC), and their rapid adoption                     
 among consumers show that we can continue to release affinity driven labels to attract consumer attention and purchases and help us drive   
 more revenue with higher margins. We plan to launch additional versions honoring other branches of the military, first responders, and      
 military special occasions. This new product follows on the successful seven years of experience we gained by producing and selling 1st     
 Special Forces Group whiskey, from which we supported Special Forces charities at Joint Base Lewis McChord. We view our new Salute          
 Series line to be a significant new development for our growth.                                                                             |

| ● | Compelling Product Offerings — Flavored Craft Spirits                                                                                     
 and Ready-to-Drink (“RTD”) Segments. We offer a diverse line of traditional and flavored craft spirits and innovative                     
 and refreshing canned RTD alcoholic beverages with appealing taste profiles, such as Cocoa Bomb Chocolate Whiskey, Florescence Grapefruit 
 & Pomelo Vodka, Peachy Bourbon Canned Cocktail, and Blood Orange Vodkarita. This is evidenced by the