Company: IPST
Filing Date: 2025-08-26
Form Type: S-1
Source: 0001213900-25-080839
Chunk: 400

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-08-26
Form: S-1
Chunk 400
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              |   729,592 |     |   |      — |
| General and Administrative                     |     |              | 2,414,097 |     |   |  6,028 |
| Subtotal Employee Compensation                 |     |              | 3,321,829 |     |   |  6,028 |
| Professional Fees (General and Administrative) |     |              | 1,570,281 |     |   | 12,566 |
| Total Non-Cash Share-Based Compensation        |     | $            | 4,892,110 |     | $ | 18,594 |

Equity -classified warrants— The Company estimates the fair values of equity warrants using the Black -Scholesoption -pricingmodel on the date of issuance with Monte Carlo simulations to determine the probability of warrants being exercisable. Contingent Legacy Shareholder Warrants— On October 30, 2024 the Company issued warrants to purchase common stock that became contingently exercisable upon the closing of an initial public offering (which occurred on November 25, 2024), at the price per share of the Company’s initial public offering (or $4.00 per share) to its common shareholders of record as of May 31, 2023 (the “Contingent Legacy Shareholder Warrants”), that will be exercisable, if at all, provided/contingent upon: if the warrant holder continuously holds the shares such holder owned on May 31, 2023 through the date the warrant is exercised; and if the common stock attains a specified volume weighted average price per share (“VWAP”) over a 10 - trading-dayperiod (the “10 - Trading-DayVWAP”) before expiring: •Tranche 1 — for up to 762,488shares of common stock (of which up to 128,358 were to a related party) when the 10 - Trading-DayVWAP of the common stock reaches 200% of the $4.00 per share initial public offering price (or $8 per share), and that will expire on the 24 -monthanniversary of the Company’s initial public offering (the “$8 Contingent Legacy Shareholder Warrants”); •Tranche 2 — for up to 1,524,976shares of common stock (of which up to 256,716 were to a related party) when the 10 - Trading-DayVWAP of the common stock