Company: IPST
Filing Date: 2025-12-19
Form Type: S-1/A
Source: 0001213900-25-123872
Chunk: 423

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-19
Form: S-1/A
Chunk 423
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 Warrants in Exchange for Common Stock                     |     |  140,814 |   |     |        — |
| Exercise of Prepaid Warrants in Exchange for Common Stock                                 |     |  (34,930 | ) |     |        — |
| Issuance of Prepaid Warrants for Common Stock                                             |     |   35,000 |   |     |        — |
| November 25, 2024 Private Placement of Common Warrants                                    |     |        — |   |     |   19,110 |
| Balance December 31, 2024                                                                 |     |  193,599 |   |     |   19,110 |

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.

F-88 Heritage Distilling Holding Company, Inc.
Notes to Consolidated Financial Statements NOTE 9 — STOCKHOLDERS’ EQUITY/(DEFICIT) (cont.) Subsequent to December 31, 2024, through April 28, 2025: 62,627Prepaid Warrants (with an exercise price of $ 0.02each) were exercised cashlessly for 62,538shares of common stock; and 35,000prepaid warrants were exchanged for 39,200shares of Series B Preferred Stock, leaving 95,971prepaid warrants remaining outstanding. (Subsequent to December 31, 2024, through April 28, 2025, the related party exercised 55,878prepaid warrants (with an exercise price of $ 0.02each) cashlessly for 55,795shares of common stock, leaving 60,189prepaid warrants outstanding.) Preferred stock — Series A— In May 2024, the Company’s Board of Directors and Shareholders approved an offering of Series A Convertible Preferred Stock of up to $ 5,000,000, of which $ 4,948,478was issued and outstanding and $ 0remained available for issuance as of December 31, 2024 (as the offering was closed prior to the Company’s November 25, 2024 initial public offering). The shares of Series A Convertible Preferred Stock, par value $ 0.0001per share (the “Series A Preferred Stock”) were sold at a Subscription Price of $ 10per share and have a stated value of