Company: IPST
Filing Date: 2025-06-27
Form Type: 8-K
Source: 0001788230-25-000121
Chunk: 1

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-06-27
Form: 8-K
Item: Item 5.07
Chunk 1
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Item 5.07 Submission of Matters to a Vote of Security Holders.

On June 24, 2025, the Company held the 2025 Annual Meeting. At the 2025 Annual Meeting, the Company’s stockholders voted on eight proposals and cast their votes as described below. The proposals are described in the 2025 Proxy Statement. Stockholders representing approximately 60% of the Company’s outstanding shares of common stock as of the record date were present or represented by proxy at the meeting, constituting a quorum.

Proposal 1

The Company’s stockholders cast their votes to elect two (2) Class III Directors to the Company’s Board of Directors for a three-year term or until their successors are duly qualified and elected as set forth below:

  Name                                  Votes For      Votes Withheld      Broker Non-Votes  
 ─────────────────────────────────────────────────────────────────────────────────────────────
  Christopher H. (Toby) Smith           6,805,186             481,513                     0  
  Jeffrey P. Wensel, M. D., Ph. D.      7,008,505             278,194                     0  

Proposal 2

The Company’s stockholders cast their votes with respect to the advisory vote to approve the compensation of the Company’s named executive officers as set forth below:

  Votes For      Votes Against      Abstentions      Broker Non-Votes  
 ───────────────────────────────────────────────────────────────────────
  7,012,458            236,546           37,695                     0  

Proposal 3

The Company’s stockholders cast their votes with respect to the advisory vote to select the frequency of future advisory votes on the compensation of the Company’s named executive officers as set forth below:

     1 Year      2 Years        3 Years      Abstentions      Broker Non-Votes  
 ────────────────────────────────────────────────────────────────────────────────
  1,612,165       83,584      4,916,874          674,076                     0  

Proposal 4

The Company’s stockholders cast their votes to approve the potential issuance of shares of the Company’s common stock pursuant to the ELOC Purchase Agreement as set forth below:

  Votes For      Votes Against      Abstentions      Broker Non-Votes  
 ───────────────────────────────────────────────────────────────────────
  7,008,437            275,171