Company: IPST
Filing Date: 2025-02-04
Form Type: 424B3
Source: 0001213900-25-010139
Chunk: 104

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-02-04
Form: 424B3
Chunk 104
---
 or other similar transaction during such period.

Commitment Shares and Fees

As consideration for its irrevocable commitment to purchase our common stock under the ELOC Purchase Agreement, we have issued to the Investor the Commitment Warrant to purchase up to 67,162 shares of common stock for a purchase price of $0.001 per share. The Commitment Warrant has a term of five years and expires on January 22, 2030.

We have also agreed to pay to the Investor up to $15,000 in cash as reimbursement for the reasonable, out-of-pocket expenses incurred by the Investor, including the legal fees and disbursements of the Investor’s legal counsel, in connection with its due diligence investigation of our company and in connection with the preparation, negotiation and execution of the ELOC Purchase Agreement.

<div align='center'>61</div>

Conditions Precedent to Commencement

Our right to commence delivering Purchase Notices under the ELOC Purchase Agreement and the Investor’s obligation to accept such Purchase Notices, are subject to the initial satisfaction, at the Commencement Date, of the conditions precedent thereto set forth in the ELOC Purchase Agreement, which conditions include, among others, the following:

| ● | the                                                                                          
 accuracy in all material respects of our representations and warranties included in the ELOC 
 Purchase Agreement;                                                                          |

| ● | our                                                                                              
 having performed, satisfied and complied in all material respects with all covenants, agreements 
 and conditions required by the ELOC Purchase Agreement and the Registration Rights Agreement     
 to be performed, satisfied or complied with by us;                                               |

| ● | the                                                                                          
 absence of any material misstatement or omission in the registration statement that includes 
 this prospectus;                                                                             |

| ● | this                                                                                       
 prospectus, in final form, and all reports, schedules, registrations, forms, statements,   
 information and other documents required to have been filed by us with the SEC pursuant to 
 the reporting requirements of the Exchange Act having been so filed;                       |

| ● | the                                                                                          
 common stock not having been suspended by the SEC, Nasdaq or FINRA and there not having been 
 imposed any suspension of, or restriction on, accepting additional deposits of common stock  
 by The Depository Trust Company;                                                             |

| ● | no                                                                                        
 condition, occurrence, state of facts or event constituting a Material Adverse Effect (as 
 defined in the Purchase Agreement) shall have occurred and be continuing;                 |

| ● | customary                                                   
 compliance with laws and