Company: IPST
Filing Date: 2025-05-21
Form Type: 424B3
Source: 0001641172-25-011934
Chunk: 64

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-05-21
Form: 424B3
Chunk 64
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 $                      |      -0.34 |     | $    |      0.13 |

(1) Includes 3,627,918 prepaid warrants

Diluted earnings / (loss) per share reflect the potential dilution of securities that could share in the earnings of an entity. For the three months ended March 31, 2024, the calculation of diluted earnings per share includes the dilutive effect of shares issued for the conversion of the convertible notes and related warrants and subtracts the related gains from changes in their respective fair values from net income / (loss). The following number of shares of common stock from the potential exercise or conversion of outstanding potentially dilutive securities were excluded from the computation of

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Table of Contents

<div align='center'>Heritage Distilling Holding Company, Inc.

Notes to Condensed Consolidated Financial Statements
(unaudited)</div>

NOTE 13 — BASIC AND DILUTED NET LOSS PER SHARE (cont.)

diluted net income / (loss) per share attributable to common stockholders for the periods presented because including them would have been antidilutive:

|                      |     |                    For 
 the Three Months Ended 
              March 31, |            |     |      |           |
|                      |     |                   2025 |            |     | 2024 |           |
| ISOs                 |     |                        |      6,011 |     |      |     6,164 |
| Equity-classified    
 Warrants             |     |                        |  1,441,512 |     |      |   116,928 |
| Liability-classified 
 Warrants             |     |                        |          — |     |      | 2,020,139 |
| Legacy               
 Warrants             |     |                        |  3,439,953 |     |      |         — |
| Preferred Stock      
 (Series A)           |     |                        |  1,663,281 |     |      |         — |
| Preferred Stock      
 (Series B)           |     |                        |  3,929,289 |     |      |         — |
| RSU                  
 Awards               |     |                        |    245,439 |     |      |   116,581 |
| Total                |     |                        | 10,725,485 |     |      | 2,259,812 |

NOTE 14 — SUBSEQUENT EVENTS

For its