Company: IPST
Filing Date: 2025-06-04
Form Type: POS AM
Source: 0001641172-25-013501
Chunk: 90

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-06-04
Form: POS AM
Chunk 90
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 of shares of our common stock issuable will vary depending on the then current market price of shares of our common stock sold to the Investor pursuant to the ELOC Purchase Agreement.

The number of shares of common stock ultimately offered for sale by the Investor for resale under this prospectus is dependent upon the number of shares of common stock, if any, we ultimately sell to the Investor under the ELOC Purchase Agreement. Further, if and when we elect to sell shares of common stock to the Investor pursuant to the ELOC Purchase Agreement, after the Investor has acquired such shares, the Investor may resell all, some or none of such shares of common stock at any time or from time to time in its discretion and at different prices.

The issuance of our shares of common stock to the Investor pursuant to the ELOC Purchase Agreement will not affect the rights or privileges of our existing stockholders, except that the economic and voting interests of each of our existing stockholders will be diluted. Although the number of shares of common stock that our existing stockholders own will not decrease, the shares of common stock owned by our existing stockholders will represent a smaller percentage of our total outstanding shares of common stock after any such issuance.

| 52 |

The following table sets forth the amount of gross proceeds we may receive from the Investor from our sale of ELOC Shares that we may issue and sell to the Investor from time to time under the ELOC Purchase Agreement, assuming that all such ELOC Shares are sold at varying purchase prices designated below, assuming all such shares are issued for only nominal consideration:

| Assumed        
 Purchase Price 
 Per Share(1)   |      |       |     | Total           
 Number  of      
 ELOC Shares  to 
 be Issued       |            |     | Percentage                                   
 of                                           
 Outstanding Common Stock After Giving Effect 
 to the Issuance of                           
 the ELOC Shares to the Investor(2)           |       |   |     | Proceeds to us from the Sale of 
 the ELOC Shares to the Investor |            |
|:---------------|-----:|:------|:----|:----------------|-----------:|:----|:---------------------------------------------|------:|:--|:----|:--------------------------------|-----------:|
| $              | 1.00 |       |     |                 | 15,000,000 |     |                                              | 58.00 | % |     | $                               | 15,000,000 |
| $              | 1.10 | -3)(