Company: IPST
Filing Date: 2025-02-04
Form Type: 424B3
Source: 0001213900-25-010139
Chunk: 278

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-02-04
Form: 424B3
Chunk 278
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571 |   |     |                   | 13,092,786 |     |             | 853,329 |     |               | (1,180,630 | ) |
| Adjustment                       |     |               |  2,434,782 |   |     |                   |  1,190,966 |     |             |   3,285 |     |               |  1,199,288 |   |
| As Corrected                     |     |               | 18,482,353 |   |     |                   | 14,283,752 |     |             | 856,614 |     |               |     18,658 |   |

<div align='center'>F-26

Heritage Distilling Holding Company, Inc.
Notes to Condensed Consolidated Financial Statements
(unaudited)</div>

NOTE 9 — STOCKHOLDERS’ EQUITY

On May 14, 2024, the Board and Shareholders
of the Company approved a .57-for-1 reverse stock split. All share and per share numbers included in these Financial Statements as of
and for the nine months ended September 30, 2024 and 2023 and the year ended December 31, 2023 all periods presented reflect
the effect of that stock split unless otherwise noted.

Common Stock— On October 31,
2023, the Company’s Board of Directors and shareholders increased the number of shares the Company is authorized to issue from 3,000,000
shares to 10,000,000 shares, including 9,500,000 shares of common stock and 500,000 shares of Founders Common Stock, par value of $0.0001
per share. (which Founders Common Stock has four votes per share). The key terms of the common stocks are summarized below:

Dividends— The holders of common
stock and Founders Common Stock are entitled to receive dividends if declared by the Board of Directors. No dividends have been declared
since the inception of the Company.

Voting rights— The holders of Founders
Common Stock are entitled to four votes for each share of Founders Common Stock and general common stockholders are entitled to one vote
for each share of general common stock.

Upon approval of this increase in authorized shares,
the 2022 and 2023 Convertible Notes were exchanged (contingent upon the consummation of the Company’s initial public offering) for
3,312,148 additional