Company: IPST
Filing Date: 2025-05-12
Form Type: 424B3
Source: 0001641172-25-009684
Chunk: 168

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-05-12
Form: 424B3
Chunk 168
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                                                          |
| (4) | Michael                                                                                         
 Carrosino became our Executive Vice President of Finance and Acting Chief Financial Officer     
 in June 2023 and became our Chief Financial Officer in November 2024.                           |

| 100 |

Equity Compensation Plan Information

The following table provides information as of December 31, 2024, regarding our compensation plans under which equity securities are authorized for issuance:

| Plan category                                         |     | Number                                                                               
 of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights 
 (a)                                                                                  |         |     | Weighted-                                                          
 Average Exercise Price of Outstanding Options, Warrants and Rights 
 (b)                                                                |       |     | Number                                                                                                                               
 of Securities Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in Column (a)) 
 (c)                                                                                                                                  |           |
|:------------------------------------------------------|:----|:-------------------------------------------------------------------------------------|--------:|:----|:-------------------------------------------------------------------|------:|:----|:-------------------------------------------------------------------------------------------------------------------------------------|----------:|
| 2019 Equity compensation                              
 plan approved by security holders                     |     |                                                                                      | 251,600 |     | $                                                                  | 14.44 |     |                                                                                                                                      |     4,900 |
| 2024                                                  
 Equity compensation plan approved by security holders |     |                                                                                      |       — |     |                                                                    |     — |     |                                                                                                                                      | 2,500,000 |
| Total                                                 |     |                                                                                      | 251,600 |     | $                                                                  | 14.44 |     |                                                                                                                                      | 2,504,900 |

Equity Incentive Plans

2019 Equity Incentive Plan.

On April 25, 2019, our board of directors adopted our 2019 Equity Incentive Plan (the “2019 Plan”) to provide an additional means to attract, motivate, retain and reward selected employees and other eligible persons. Our stockholders approved the plan on or about April 25, 2019. Employees, officers, directors and consultants that provided services to us or one of our subsidiaries were eligible to receive awards under the 2019 Plan. Awards under the 2019 Plan were issuable in the form of incentive or nonqualified stock options, stock appreciation rights, stock bonuses, restricted stock, stock units and other forms of awards including cash awards.

As of December 31, 2024, stock grants of an aggregate of 243,