Company: IPST
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-006695
Chunk: 255

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 255
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 |               |     |          |              |
| IPO                             |     |                    | 98% |     |          |     |     |                   | 70%           |     |          |              |
| deSPAC                          |     |                    |  0% |     |          |     |     |                   | 0%            |     |          |              |
| Default/Dissolution/Liquidation |     |                    |  1% |     |          |     |     |                   | 20%           |     |          |              |
| Held to Maturity                |     |                    |  1% |     |          |     |     |                   | 10%           |     |          |              |

F-25 Heritage Distilling Holding Company, Inc.
Notes to Condensed Consolidated Financial Statements
(unaudited) NOTE 8 — FAIR VALUE MEASUREMENT (cont.)

The following table provides a roll forward of the aggregate fair values of the Company’s financial instruments described above, for which fair value is determined using Level 3 inputs:

See Note (1) below

|                                     |     | 2022 and 2023 
 Convertible   
 Notes         |             |   |     | Whiskey     
 Special Ops 
 Notes       |            |     | 2022 Notes  
 Warrant     
 Liabilities |         |     | Whiskey           
 Special Ops Notes 
 Warrant           
 Liabilities       |            |   |     | Acquisition 
 Contingency 
 Liabilities |          |   |
|:------------------------------------|:----|:--------------|------------:|:--|:----|:------------|-----------:|:----|:------------|--------:|:----|:------------------|-----------:|:--|:----|:------------|---------:|:--|
| Balance as of December 31, 2022     |     | $             |   8,041,000 |   |     | $           |          - |     | $           | 433,000 |     | $                 |          - |   |     | $           |        - |   |
| Issuance(1)                         |     |               |   5,577,126 |   |     |             |    261,596 |     |             |  12,874 |     |                   |    313,404 |   |     |             |        - |   |
| Change in Fair Value