Company: IPST
Filing Date: 2025-06-04
Form Type: POS AM
Source: 0001641172-25-013501
Chunk: 199

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-06-04
Form: POS AM
Chunk 199
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 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 Warrants

As of May 29, 2025, the following warrants were outstanding:

| ● | Warrants                                                                                                                         
 to purchase up to 718,493 shares of common stock for a purchase price of $0.001 per share. Such warrants are exercisable by      
 a holder at any time unless such exercise would cause the holder to beneficially own more than 4.99% or 9.99% of our outstanding 
 shares of common stock and have no expiration date;                                                                              |

| ● | Warrants                                                                                                                              
 to purchase up to 382,205 shares of common stock for a purchase price of $0.01 per share. Such warrants are exercisable by a holder   
 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 will expire on November 21, 2029;                                                                                                 |

| ● | Warrants                                                                                                                         
 to purchase up to 84,377 shares of common stock with an exercise price equal to $4.00 per share that are exercisable at any time 
 and that expire on November 21, 2029;                                                                                            |

| 121 |

| ● | Warrants                                                                                                                             
 to purchase up to 991,667 shares of common stock with an exercise price equal to $6.00 per share, which are fixed and non-adjustable 
 for 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