Company: IPST
Filing Date: 2025-02-04
Form Type: 424B3
Source: 0001213900-25-010139
Chunk: 24

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-02-04
Form: 424B3
Chunk 24
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 of our common stock over a 10-trading-day period reaches $12.00 per share, 
 provided the warrant holder continuously holds the shares such holder owned on May 31, 2023 through the date the warrant is exercised,    
 and that will expire on May 25, 2027;                                                                                                     |

| ● | Up to 1,814,020 shares of common stock issuable upon the exercise                                                                         
 of warrants that will be exercisable, if at all, when the VWAP of our common stock over a 10-trading-day period reaches $20.00 per share, 
 provided the warrant holder continuously holds the shares such holder owned on May 31, 2023 through the date the warrant is exercised,    
 and that will expire on November 25, 2029;                                                                                                |

| ● | Up to 884,159 shares of common stock issuable upon the exercise                                                                            
 of warrants to be issued after this offering that will be exercisable, if at all, when the VWAP of our common stock over a 10-trading-day  
 period reaches $8.00 per share, provided the warrant holder continuously holds the shares such holder acquired after May 31, 2023 through  
 the date the warrant is exercised if holder was required to enter into a lock-up agreement for all such shares acquired at the time holder 
 received such shares, and that will expire on January 30, 2028;                                                                            |

| ● | Up to 246,261 shares of common stock issuable upon the exercise                                                                       
 of warrants with an exercise price of $4.00 per share that are exercisable at any time unless such exercise would cause the holder to 
 beneficially own more than 4.99% of our outstanding shares of common stock and that expire in June 2029;                              |

| ● | Up to 84,377 shares of common stock issuable upon the exercise                      
 of warrants with an exercise price of $4.00 per share that expire in November 2029; |

| ● | Up to 1,632,990 shares of common stock issuable upon conversion                                                                         
 of our 494,840 outstanding shares of Series A Preferred Stock (excluding any dividends accrued prior to such conversion), which shares  
 are convertible at any time unless such conversion would cause the holder to beneficially own more than 4.99% of our outstanding shares 
 of common stock;                                                                                                                        |

| ● | Up to 1,189,189 shares of common stock