Company: IPST
Filing Date: 2025-12-12
Form Type: S-1/A
Source: 0001213900-25-121277
Chunk: 426

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-12
Form: S-1/A
Chunk 426
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                       |     | $            |   178,140 |     | $ |      — |
| Sales and Marketing                            |     |              |   729,592 |     |   |      — |
| General and Administrative                     |     |              | 2,414,097 |     |   |  6,028 |
| Subtotal Employee Compensation                 |     |              | 3,321,829 |     |   |  6,028 |
| Professional Fees (General and Administrative) |     |              | 1,570,281 |     |   | 12,566 |
| Total Non-Cash Share-Based Compensation        |     | $            | 4,892,110 |     | $ | 18,594 |

Equity-classifiedwarrants— The Company estimates the fair values of equity warrants using the Black-Scholes option-pricing model on the date of issuance with Monte Carlo simulations to determine the probability of warrants being exercisable.

Contingent Legacy Shareholder Warrants — On October 30, 2024 the Company issued warrants to purchase common stock that became contingently exercisable upon the closing of an initial public offering (which occurred on November 25, 2024), at the price per share of the Company’s initial public offering (or $ per share) to its common shareholders of record as of May 31, 2023 (the “Contingent Legacy Shareholder Warrants”), that will be exercisable, if at all, provided/contingent upon: if the warrant holder continuously holds the shares such holder owned on May 31, 2023 through the date the warrant is exercised; and if the common stock attains a specified volume weighted average price per share (“VWAP”) over a 10-trading-day period (the “10-Trading-Day VWAP”) before expiring:

•Tranche 1 — for up to shares of common stock (of which up to were to a related party) when the 10-Trading-Day VWAP of the common stock reaches % of the $ per share initial public offering price (or $ per share), and that will expire on the -month anniversary of the Company’s initial public offering (the “$ Contingent Legacy Shareholder Warrants”);

•Tranche 2 — for up to shares of common stock (of which up to were to a related party) when the 10-Trading-Day VWAP of the common stock reaches % of the $ per