Company: IPST
Filing Date: 2025-08-15
Form Type: 424B3
Source: 0001641172-25-024441
Chunk: 5

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-08-15
Form: 424B3
Chunk 5
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   |     |           |  — |     |                            |       — |     |           |  — |     |                 |          — |   |     |                    |   8,859,341 |   |     |                     |   8,859,341 |   |
| Ending Balance June 30, 2024         |     |              | 441,935 |   |     | $         | 72 |     |                            | 183,000 |     | $         | 18 |     | $               | 33,249,500 |   |     | $                  | (65,985,135 | ) |     | $                   | (32,735,545 | ) |

<div align='center'>The accompanying notes are an integral part of these condensed consolidated financial statements.</div>

| 7 |

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

Condensed Consolidated Statements of Cash Flows
(unaudited)</div>

|                                                                                                                                                                      |     | For the Six Months Ended  June 30, |        2025 |   |     |   |       2024 |   |
|:---------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-----------------------------------|------------:|:--|:----|:--|-----------:|:--|
| Net Income / (Loss)                                                                                                                                                  |     | $                                  | (10,328,125 | ) |     | $ |  8,859,341 |   |
| Adjustments to Reconcile Net Income / (Loss) to Net Cash Used in Operating Activities:                                                                               |     |                                    |             |   |     |   |            |   |
| Depreciation Expense                                                                                                                                                 |     |                                    |     570,456 |   |     |   |    655,262 |   |
| Amortization of operating lease right-of-use assets                                                                                                                  |     |                                    |     200,727 |   |     |   |    257,470 |   |
| Loss on disposal of property and equipment                                                                                                                           |     |                                    |       8,661 |   |     |   |     27,311 |   |
| Gain on Investment                                                                                                                                                   |     |                                    |           — |   |     |   | (3,421,222 | ) |
| Change in Fair Value of Convertible Notes                                                                                                                            |     |                                    |           — |   |     |   | (9,044,