Company: IPST
Filing Date: 2025-12-19
Form Type: S-1/A
Source: 0001213900-25-123872
Chunk: 340

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-19
Form: S-1/A
Chunk 340
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 Issued with Series B Preferred Stock                 |     |   16,393 |   |     |        — |   |
| Balance September 30, 2025                                    |     |    5,000 |   |     |        — |   |

Upon the closing of the Company’s initial public offering on November 25, 2024, the conditional issuances of prepaid warrants and common stock noted in the table above became effective.

In addition to the prepaid warrants and common warrants in the table above: warrants to purchase common stock at $ per share were issued in connection with the initial aggregate $ of non-ELOC Investor Series B Preferred Stock subscriptions (see Preferred Stock — Series B below).

F-35 Heritage Distilling Holding Company, Inc.
Notes to Condensed Consolidated Financial Statements
(unaudited) NOTE 8 — STOCKHOLDERS’ EQUITY/(DEFICIT) (cont.) In the nine months ended September 30, 2025, 153,599prepaid warrants (with an exercise price of $ 0.02each) were exercised cashlessly for 153,338shares of common stock (including related party cashlessly exercised 116,067prepaid warrants for 153,338shares of common stock) leaving 5,000prepaid warrants remaining outstanding. In addition, 51,393prepaid warrants (with an exercise price of $ 0.02each) were exercised cashlessly for 55,917shares of Series B Preferred Stock Preferred stock — Series A— In May 2024 through September 2024, the Company sold $ 4,948,478of Series A Convertible Preferred Stock, par value $ 0.0001per share (the “Series A Preferred Stock”). The Series A Preferred Stock had a subscription price of $ 10per share and a stated value of $ 12per share (the “Stated Value”), and included stock purchase warrants to purchase shares of common stock calculated at 25% of the subscription price then divided by $ 100, with an exercise price equal to the lesser of $ 100per share or the price per share at which the common stock is sold in the Company’s initial public offering. (Upon the closing of the Company›s initial public offering on November 25, 2024, the exercise price was set at the initial public offering price of $ 80per share.) The warrants expire June 15, 2029. At any time after June 15, 2027