Company: IPST
Filing Date: 2025-12-12
Form Type: S-1/A
Source: 0001213900-25-121277
Chunk: 464

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-12
Form: S-1/A
Chunk 464
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 of 875,000 shares of common stock for a purchase price of $0.20 per share, with each warrant subject to vesting, forfeiture and such other terms as are set forth therein. On August18, 2025, we paid in full the approximately $12.6million of principal and approximately $1.0million of accrued interest and fees payable on a secured loan by the payment of approximately $7.0million of the net proceeds of the sale of the Pre -FundedWarrants and the issuance of a warrant with an exercise price of $0.20 per share for the purchase of 200,000 shares of common stock, which warrant was subsequently exercised on a cashless basis for the purchase of 198,000 shares of common stock. Between July30, 2025 and August10, 2025, we settled approximately $2.8million of trade payables by the payment of approximately $1.4million in cash and the issuance of warrants with an exercise price of $0.20 per share that are exercisable to purchase an aggregate of 53,890 shares of common stock. On August10, 2025, we settled a trade payable in the amount of $1.0million by the payment of $450,000 in cash and the issuance of a warrant with an exercise price of $2.40 per share that is exercisable to purchase up to 22,500 shares of common stock. The offers, sales and issuances of securities listed above were deemed exempt from registration under Section 4(a)(2) of the Securities Act or Regulation D promulgated thereunder in that the issuance of securities did not involve a public offering. The recipients of such securities in each of these transactions represented their II-4 intention to acquire the securities for investment purposes only and not with a view to or for sale in connection with any distribution thereof. The offers, sales and issuances of securities listed above, were deemed exempt from registration in reliance on Section 4(a)(2) of the Securities Act or Rule 701 promulgated thereunder as transactions pursuant to benefit plans and contracts relating to compensation as provided under Rule 701. The recipients of such securities were our employees, directors or bona fide consultants and received the securities under our equity inventive plans. All the foregoing securities are deemed restricted securities for the Securities Act purposes, and appropriate legends were affixed to the securities issued in such transactions. Item 16. Exhibits and Financial Statement Schedules (a) Exhibits.