Company: IPST
Filing Date: 2025-12-12
Form Type: S-1/A
Source: 0001213900-25-121277
Chunk: 21

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-12
Form: S-1/A
Chunk 21
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, 2029; •Up to 44,191 shares of common stock issuable upon the exercise of warrants when the VWAP of our common stock over a 10 -trading-dayperiod reaches $160.00 per share, provided the warrant holder continuously holds the shares such holder acquired after May31, 2023 through the date the warrant is exercised, and that will expire on April1, 2028; •Up to 6,498 shares of common stock issuable upon the exercise of warrants with an exercise price of $80.00 per share that are exercisable at any time unless such exercise would cause the holder to beneficially own more than 4.99% of our outstanding shares of common stock and that expire in June 2029; •Up to 35,042 shares of common stock issuable upon the exercise of warrants with an exercise price of $0.20 per share that are exercisable at any time unless such exercise would cause the holder to beneficially own more than 4.99% of our outstanding shares of common stock; •Up to 4,211shares of common stock issuable upon the exercise of warrants with an exercise price of $80.00 per share that expire in November 2029; and •Up to 42,405 shares of common stock issuable upon conversion of our outstanding shares of Series A Preferred Stock (including any bonuses and dividends accrued through November 25, 2025), which shares are convertible at any time unless such conversion would cause the holder to beneficially own more than 4.99% of our outstanding shares of common stock. Except as otherwise noted, all information in this prospectus: •gives effect to the 0.57 -for-onereverse stock split of our outstanding shares of common stock that occurred on May14, 2024 and the one -for-20reverse stock split of our outstanding shares of common stock that occurred on November5, 2025; and •assumes no exercise of the outstanding options and warrants described above. 10 Risk Factors Investing in our securities involves a high degree of risk. You should carefully consider the following information about these risks, together with the other information appearing elsewhere in this prospectus, including our financial statements, the notes thereto and the section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” before deciding to invest in our securities. The occurrence of any of the following risks could have a material and adverse effect on our business, reputation, financial condition