Company: IPST
Filing Date: 2025-12-23
Form Type: 424B3
Source: 0001213900-25-125341
Chunk: 420

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-23
Form: 424B3
Chunk 420
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,369 |   |     |        — |
| Conditional Issuance of Prepaid Warrants from Exchange of Whiskey                         
 Notes                                                                                     |     |   27,346 |   |     |        — |
| Conditional Issuance of Prepaid Warrants in Exchange for Common Stock                     |     |  140,814 |   |     |        — |
| Exercise of Prepaid Warrants in Exchange for Common Stock                                 |     |  (34,930 | ) |     |        — |
| Issuance of Prepaid Warrants for Common Stock                                             |     |   35,000 |   |     |        — |
| November 25, 2024 Private Placement of Common Warrants                                    |     |        — |   |     |   19,110 |
| Balance December 31, 2024                                                                 |     |  193,599 |   |     |   19,110 |

Upon the closing of the Company’s initial public offering on November 25, 2024, the conditional issuances of prepaid warrants and common stock noted in the table above became effective.

F-88 Heritage Distilling Holding Company, Inc.
Notes to Consolidated Financial Statements NOTE 9 — STOCKHOLDERS’ EQUITY / (DEFICIT) (cont.) Subsequent to December 31, 2024, through April 28, 2025: 62,627 Prepaid Warrants (with an exercise price of $0.02 each) were exercised cashlessly for 62,538shares of common stock; and 35,000 prepaid warrants were exchanged for 39,200shares of Series B Preferred Stock, leaving 95,971 prepaid warrants remaining outstanding. (Subsequent to December 31, 2024, through April 28, 2025, the related party exercised 55,878 prepaid warrants (with an exercise price of $0.02 each) cashlessly for 55,795shares of common stock, leaving 60,189 prepaid warrants outstanding.) Preferred stock — Series A— In May 2024, the Company’s Board of Directors and Shareholders approved an offering of Series A Convertible Preferred Stock of up to $5,000,000, of which $4,948,478 was issued and outstanding and $0 remained available for issuance as of December 31, 2024 (as the offering was closed prior to the Company’s November 25, 2024 initial public offering). The shares