Company: IPST
Filing Date: 2025-02-04
Form Type: 424B3
Source: 0001213900-25-010139
Chunk: 47

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-02-04
Form: 424B3
Chunk 47
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 There can be no assurance that such a waiver will be granted, or if     
 it would be interpreted as enforceable later. Likewise, unless a Tribe grants us a waiver to seek relief in a federal or state court,    
 there is a risk that a dispute must be heard in Tribal court, which may not provide us with a fair hearing.                              |

| ● | Right of entry — In the event we secure                                                                                                
 a waiver of sovereign immunity or the right to seek a venue for hearing in federal or state courts, there is no guarantee that we will 
 secure an adequate right of entry onto Tribal land to enforce our rights. Such rights could include recovery of intellectual property, 
 personal property or other property, goods, equipment, stock or other tangible assets owed to us. Even if we secure a right of entry,  
 there can be no assurance that we will be respected or enforced by proper authorities with jurisdiction over the matter.               |

| ● | Product Quality — There can be no assurance                                                                                                 
 that our Tribal partners will adequately follow each of our prescribed procedures, recipes and protocols to ensure compliance with labeling 
 standards or the quality of product that we otherwise insist on or they may not keep sufficiently detailed records for state and federal    
 auditing purposes. Either event could cause products to be redistilled, dumped, impounded or disposed of in a way that adversely impacts    
 our operating results and financial condition.                                                                                              |

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| ● | Failure to Produce — Our Tribal partners                                                                                                 
 might fail to produce the amount of product required to meet demand, fulfill contracts or propose new products to distribution outlets.  
 Further, equipment, raw ingredients and/or finished ingredients or goods may not be readily available for licensed partners at any given 
 time, which could negatively impact the cash flow and deliverability of an operation, the licensed partners and/or our brand.            |

| ● | Cross Sales into Distribution Channels — Our                                                                                                 
 Tribal partners might attempt to directly sell into the market in violation of our distribution agreements, or attempt to compete with       
 us in distribution outside the context of a formal company-wide distribution plan, which could disrupt our contractual or legal obligations, 
 undercut us in the market, flood the market with product or cause confusion within distribution channels.                                    |

| ● | Change of leadership — Tribal organizations                                                                                                 
 have regular elections for leadership positions. It is almost certain that at some point during the negotiation, design, construction       
 or operation of a location that a change in Tribal governance will conflict with