Company: IPST
Filing Date: 2025-02-04
Form Type: 424B3
Source: 0001213900-25-010139
Chunk: 194

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-02-04
Form: 424B3
Chunk 194
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 and cryptocurrency
committee. Each of the committees reports to our board of directors as they deem appropriate and as our board may request. Each of the
first three committees listed above has a committee charter setting out the mandate of such committee, including the responsibilities
of the chair of such committees. The charter for the technology and cryptocurrency committee will be developed and adopted after the closing
of this offering.

The composition, duties and responsibilities of
these committees are set forth below.

Audit Committee

The audit committee is responsible for, among other
matters:

| ● | appointing,                                                                              
 retaining and evaluating our independent registered public accounting firm and approving 
 all services to be performed by them;                                                    |

| ● | overseeing                                                                           
 our independent registered public accounting firm’s qualifications, independence and 
 performance;                                                                         |

| ● | overseeing                                                                                    
 the financial reporting process and discussing with management and our independent registered 
 public accounting firm the interim and annual financial statements that we file with the      
 SEC;                                                                                          |

| ● | reviewing                                                                                        
 and monitoring our accounting principles, accounting policies, financial and accounting controls 
 and compliance with legal and regulatory requirements;                                           |

| ● | establishing                                                                                        
 procedures for the confidential anonymous submission of concerns regarding questionable accounting, 
 internal controls or auditing matters; and                                                          |

| ● | reviewing                                  
 and approving related person transactions. |

Our audit committee consists of three of our directors,
Messrs. Alstead, Smith and Dr. Trevan, each of whom meets the definition of “independent director” for purposes of serving
on an audit committee under Rule 10A-3 under the Exchange Act and the Nasdaq rules. Mr. Alstead serves as
chairman of our audit committee. Our board of directors has determined that Mr. Alstead qualifies as an “audit committee financial
expert,” as such term is defined in Item 407(d)(5) of Regulation S-K under the Securities Act. Our
board of directors has adopted a written charter for the audit committee, which is available on our corporate website at www.HeritageDistilling.com.
The information on our website is not part of this prospectus.

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Compensation Committee

The compensation committee is responsible for, among
other matters:

| ● | reviewing                                                      
 key employee compensation goals, policies, plans and programs; |

| ● | reviewing                                                                                    
 and approving the compensation of our directors, chief executive officer and other executive 
 officers;                                                                                    |

| ● | producing                                                                                           
 an annual report on