Company: IPST
Filing Date: 2025-12-23
Form Type: 424B3
Source: 0001213900-25-125341
Chunk: 259

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-23
Form: 424B3
Chunk 259
---
; 153 •Warrants to purchase up to 215,363shares of common stock with an exercise price equal to $0.20 per share that are exercisable at any time and expire on August15, 2030; and •Warrants to purchase up to 608shares of common stock with an exercise price equal to $263.20 per share that are exercisable at any time and expire on August26, 2030. Pursuant to the terms of such warrants, except as otherwise noted above, the applicable exercise price of such warrants is subject to adjustment in the event of stock splits, combinations or the like of our common stock. Options As of November25, 2025, we had outstanding options to purchase an aggregate of 114 shares of our common stock with a weighted -averageexercise price of $3,157.80 per share that expire between December 2025 and September 2026, all of which were issued under the 2019 Plan. Limitation of Liability and Indemnification Matters Our second amended and restated certificate of incorporation, as amended, limits the liability of our directors for monetary damages for breach of their fiduciary duties, except for liability that cannot be eliminated under the Delaware General Corporation Law (“DGCL”). Consequently, our directors will not be personally liable for monetary damages for breach of their fiduciary duties as directors, except liability for any of the following: •any breach of their duty of loyalty to us or our stockholders; •acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of law; •unlawful payments of dividends or unlawful stock repurchases, or redemptions as provided in Section 174 of the DGCL; or •any transaction from which the director derived an improper personal benefit. Our amended and restated bylaws also provide that we will indemnify our directors and executive officers and may indemnify our other officers and employees and other agents to the fullest extent permitted by law. Our amended and restated bylaws also permit us to secure insurance on behalf of any officer, director, employee or other agent for any liability arising out of his or her actions in this capacity, regardless of whether our amended and restated bylaws would permit indemnification. We plan on obtaining directors’ and officers’ liability insurance. The limitation of liability and indemnification provisions in our second amended and restated certificate of incorporation, as amended, and amended and restated bylaws may discourage stockholders from bringing a lawsuit against directors for breach