Company: IPST
Filing Date: 2025-12-12
Form Type: S-1/A
Source: 0001213900-25-121277
Chunk: 243

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-12
Form: S-1/A
Chunk 243
---
 60 days of November 25, 2025. Common stock options and derivative securities held by other stockholders are disregarded in this calculation. Therefore, the denominator used in calculating beneficial ownership among our stockholders may differ. Unless we have indicated otherwise, each person named in the table has sole voting power and sole investment power for the shares listed opposite such person’s name.

143 (2)Represents 16,063 shares of common stock, 86 shares of common stock held in Mr. Stiefel’s IRA account, and 165,480 shares of common stock held by Constantine IHSV, LLC, of which Mr. Stiefel is the managing member. Mr.Stiefel disclaims beneficial ownership of the shares held by Ms. Stiefel. (3)Represents 16,378 shares of common stock and 13 shares of common stock held in Ms. Stiefel’s IRA account. Ms. Stiefel disclaims beneficial ownership of the shares held by Mr. Stiefel. (4)Represents 5,725 shares of common stock and 28 shares of common stock issuable upon the exercise of options that may be exercised within 60 days of November 25, 2025. (5)Represents 5,952 shares of common stock and 28 shares of common stock issuable upon the exercise of options that may be exercised within 60 days of November 25, 2025. (6)Represents 5,100 shares of common stock and 15,000 shares of common stock held in Mr.Varga’s IRA account. 144 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS Procedures for Approval of Related Party Transactions A “related party transaction” is any actual or proposed transaction, arrangement or relationship or series of similar transactions, arrangements or relationships, including those involving indebtedness not in the ordinary course of business, to which we or our subsidiaries were or are a party, or in which we or our subsidiaries were or are a participant, in which the amount involved exceeded or exceeds the lesser of (i) $120,000 or (ii) one percent of the average of our total assets at year -endfor the last two completed fiscal years and in which any related party had or will have a direct or indirect material interest. A “related party” includes: •any person who is, or at any time during the applicable period was, one of our executive officers or one of our directors; •any person who beneficially owns