Company: IPST
Filing Date: 2025-12-23
Form Type: 424B3
Source: 0001213900-25-125341
Chunk: 419

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-23
Form: 424B3
Chunk 419
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’s Board of Directors and shareholders took certain actions and approved amendments to the Company’s amended and restated certificate of incorporation in preparation for the Company’s initial public offering (which occurred on November 25, 2024) (the “Actions and Amendments”). These Actions and Amendments, included, among other things: •filing a second amendment to the Company’s amended and restated certificate of incorporation on April1, 2024, to increase the Company’s authorized capital stock from 10,000,000shares to 70,000,000shares, including 69,500,000shares of common stock and 500,000shares of Founders Common Stock. The increase in authorized shares included provision for the additional shares to be issued with the Company’s anticipated IPO, including those discussed in the following paragraphs, and other future equity activities not yet known. •filing a third amendment to the Company’s amended and restated certificate of incorporation on May14, 2024, to further increase the Company’s authorized capital stock to 75,000,000shares, including 5,000,000shares of preferred stock. Prepaid Warrants to Purchase Common Stock— In August 2024, certain holders of shares of common stock agreed to exchange an aggregate of 140,814shares of their common stock into a like number of pre -paidwarrants. Such pre -paidwarrants will be eligible for exercise without the payment of additional consideration at any time that the respective holder beneficially owns a number of shares of common stock that is less than 9.99% of the Company’s outstanding shares of common stock for a number of shares that would cause the holder to beneficially own 9.99% of the Company’s outstanding shares of common, and having no expiration date. As of December 31, 2024, 193,599 of the pre -paidwarrants remained outstanding. The following sets forth the outstanding prepaid warrants and common warrants for the years ended December 31, 2024 and 2023:

| Balance December 31, 2022                                                                 
 Conditional issuance of Prepaid Warrants from Exchange of 2022 and 2023 Convertible Notes |     |  Prepaid 
 Warrants 
        — 
   25,369 |   |     |   Common 
 Warrants 
        — |
|:------------------------------------------------------------------------------------------|:----|---------:|:--|:----|---------:|
| Balance December 31, 2023                                                                 |     |   25