Company: IPST
Filing Date: 2025-12-23
Form Type: 424B3
Source: 0001213900-25-125341
Chunk: 256

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-23
Form: 424B3
Chunk 256
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 provide not less than 30 nor more than 60 days prior notice to the holders of any shares of Series B Preferred Stock to be redeemed. Rights Upon Liquidation.In the event of any voluntary or involuntary liquidation, dissolution or winding up of our company, the holders of shares of Series B Preferred Stock then outstanding will be entitled to be paid out of our assets available for distribution to stockholders, after payment of any liquidation preference payable to the holders of the outstanding shares of our Series A Preferred Stock and before any payment will be made to the holders of any other shares of our capital stock, including our common stock, by reason of their ownership thereof, an amount per share of Series B Preferred Stock equal to the greater of (i) 110% of the sum of (a) the Series B Stated Value, plus (b) the amount of the aggregate dividends then accrued on such share of Series B Preferred Stock and not previously paid, or (ii) such amount per share as would have been payable had all shares of Series B Preferred Stock been converted into common stock immediately prior to such liquidation, dissolution or winding up. Outstanding Shares.As of the date of this prospectus, no shares of Series B Preferred Stock are outstanding. Outstanding Warrants As of November25, 2025, the following warrants were outstanding: •Warrants to purchase up to 4,211shares of common stock with an exercise price equal to $80.00 per share that are exercisable at any time and that expire on November21, 2029; •Warrants to purchase up to 991,667shares of common stock with an exercise price equal to $6.00 per share, which are fixed and non -adjustablefor stock splits, stock dividends or any other reason, 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 between August 2027 and August 2029; •Warrants to purchase up to 31,180shares of common stock issuable upon the exercise of warrants that will be exercisable, if at all, when the volume weighted average price per share (“VWAP”) of our common stock over a 10 -trading-dayperiod reaches $160.00 per share, provided the warrant holder continuously holds the shares such holder owned on May31, 2023 through the date the warrant is exercised, and that will expire on November25, 2026; 152