Company: IPST
Filing Date: 2025-06-23
Form Type: 424B3
Source: 0001641172-25-015954
Chunk: 269

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-06-23
Form: 424B3
Chunk 269
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 200% of the $4.00 per share initial  
 public offering price (or $8 per share), and that will expire on the 24-month anniversary     
 of the Company’s initial public offering (the “$8 Contingent Legacy Shareholder               
 Warrants”);                                                                                   |

| ● | Tranche                                                                                            
 2 - for up to 1,524,976 shares of common stock (of which up to 256,716 were to a related           
 party) when the 10-Trading-Day VWAP of the common stock reaches 300% of the $4.00 per share        
 initial public offering price (or $12 per share), and that will expire on the 42-month anniversary 
 of the Company’s initial public offering (the “$12 Contingent Legacy Shareholder                   
 Warrants”); and,                                                                                   |

| ● | Tranche                                                                                            
 3 - for up to 1,906,220 shares of common stock (of which up to 320,895 were to a related           
 party) when the 10-Trading-Day VWAP of the common stock reaches 500% of the $4.00 per share        
 initial public offering price (or $20 per share), and that will expire on the 60-month anniversary 
 of the Company’s initial public offering (the “$20 Contingent Legacy Shareholder                   
 Warrants”).                                                                                        |

As of March 31, 2025, there were outstanding and exercisable: 625,446 $8 Contingent Legacy Shareholder Warrants; 1,250,892 $12 Contingent Legacy Shareholder Warrants; and 1,563,615 $20 Contingent Legacy Shareholder Warrants, (of which 0; 0; and 0, respectively were to a related party).

| F-31 |

<div align='center'>Heritage Distilling Holding Company, Inc.

Notes to Condensed Consolidated Financial Statements

(unaudited)</div>

NOTE 13 — BASIC AND DILUTED NET INCOME / (LOSS) PER SHARE

The Company computes basic net income / (loss) per share by dividing net income / (loss) for the period by the weighted-average number of common shares outstanding during the period. The Company computes diluted net income / (loss) per share by dividing net income / (loss) for the period by the weighted-average number of common shares outstanding during the period, plus the dilutive effect of the stock options, RSU awards