Company: IPST
Filing Date: 2025-12-23
Form Type: 424B3
Source: 0001213900-25-125341
Chunk: 287

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-23
Form: 424B3
Chunk 287
---
,330,000 |   |     |              |           — |   |     |               |   2,330,000 |   |
| Warrants Exercised                                      |     |          474 |   |     |       | — |     |                — |     |       |  — |     |            |          — |   |     |              |           — |   |     |               |           — |   |
| Effect of Reverse Split, Fractional Shares and Rounding |     |            1 |   |     |       | — |     |                — |     |       |  — |     |            |          — |   |     |              |           — |   |     |               |           — |   |
| Net Income/(Loss)                                       |     |            — |   |     |       | — |     |                — |     |       |  — |     |            |          — |   |     |              |   5,426,409 |   |     |               |   5,426,409 |   |
| Ending Balance September 30, 2024                       |     |       22,095 |   |     | $     | 2 |     |          494,840 |     | $     | 49 |     | $          | 35,428,796 |   |     | $            | (69,418,067 | ) |     | $             | (33,989,220 | ) |

The accompanying notes are an integral part of these condensed consolidated financial statements.

F-5

Heritage Distilling Holding Company, Inc.
Condensed Consolidated Statements of Cash Flows
(unaudited)

|                                                                                                                                                                            |     | For the Nine Months Ended 
 September 30,             |         2025 |   |     |   |       2024 |   |
|:---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:--------------------------|-------------:|:--|:----|:--|-----------:|:--|
| Net Income/(Loss)                                                                                                                                                          |     | $                         |  185,935,769 |   |     | $ |  5,426,409 |   |
| Adjustments to Reconcile Net Income/(Loss) to Net Cash Used in Operating Activities:                                                                                       |     |                           |              |   |     |   |            |   |
| Depreciation Expense                                                                                                                                                       |     |                           |