Company: IPST
Filing Date: 2025-06-23
Form Type: 424B3
Source: 0001641172-25-015954
Chunk: 137

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-06-23
Form: 424B3
Chunk 137
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 anticipated to open in late 2025, and a landmark agreement between the Coquille Tribe of Oregon and the Oregon Liquor Control Board to allow for the first tribal distillery in Oregon. A Heritage Distilling-branded tasting room is under construction and scheduled to open in late 2025 at Coquille’s Mill Casino Hotel & RV Park on the water in Coos Bay, Oregon. This is the first such agreement between a Native American tribe and one of the 18 liquor control states in the United States and that project is under construction with a targeted opening in late 2025.

| ● | Co-Located                                                                                      
 Retail Spaces.     Our marketing plan includes partnering with                                  
 some of the most highly-regarded premium craft spirits producers in key regions across the      
 U.S. to co-brand and cross operate retail tasting rooms. Qualified partners must have the       
 key attributes of high-quality products, a consumer-focused tasting room opportunity to drive   
 trial and sales, and the ability to send and receive spirits in bulk for localized bottling.    
 As we and these other producers cross-brand our collective tasting rooms to consumers who       
 do not otherwise have access to them in their general markets, we believe we will collectively  
 be driving more consumer trials and increased sales, as well as building co-marketed brands     
 in other regions of the country without the expense of new buildings, leased spaces, production 
 capacity, employees or other capital expenditures.                                              |

| 91 |

| ● | Capital-Efficient                                                                              
 and Scalable Operational Structure.     We have strategically                                  
 structured, and plan to continue to structure, our organization and operations to minimize     
 and most effectively manage our capital investment requirements while maintaining flexibility  
 to rapidly scale our production capabilities to meet consumer demands. We do this by utilizing 
 our internal distilling and bottling capabilities while leveraging a network of reputable      
 third-party providers with industry expertise and experience performing various functions      
 falling outside of our internal core competencies.                                             |

For example, we are able to contract with third-party canning and packaging companies to pack our RTDs rather than investing in the required equipment and supporting infrastructure and personnel for in-house canning operations. We can also source specific spirits or buy bulk spirits in the market or have them produced at tribal and non-tribal facilities under contract. We believe the planned expansion of the TBN will also enhance our ability to scale our production, distribution and selling operations with limited capital expenditures across many regions of the U.S. while allowing us to retain “local”