Company: IPST
Filing Date: 2025-12-23
Form Type: 424B3
Source: 0001213900-25-125341
Chunk: 365

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-23
Form: 424B3
Chunk 365
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 up to 76,248shares of common stock (of which up to 12,835 were to a related party) when the 10 - Trading-DayVWAP of the common stock reaches 300% of the $80 per share initial public offering price (or $240 per share), and that will expire on the 42 -monthanniversary of the Company’s initial public offering (the “$240 Contingent Legacy Shareholder Warrants”); and, •Tranche 3 — for up to 95,311shares of common stock (of which up to 16,044 were to a related party) when the 10 - Trading-DayVWAP of the common stock reaches 500% of the $80 per share initial public offering price (or $400 per share), and that will expire on the 60 -monthanniversary of the Company’s initial public offering (the “$400 Contingent Legacy Shareholder Warrants”). As of September 30, 2025, there were outstanding and exercisable: 31,272 $160 Contingent Legacy Shareholder Warrants; 62,544 $240 Contingent Legacy Shareholder Warrants; and 78,180 $400 Contingent Legacy Shareholder Warrants, (of which 0; 0; and0, respectively were to a related party). NOTE 14 — BASIC AND DILUTED NET INCOME/(LOSS) PER SHARE The Company computes basic net income/(loss) per share by dividing net income/(loss) for the period by the weighted -averagenumber of common shares outstanding during the period. The Company computes diluted net income/(loss) per share by dividing net income/(loss) for the period by the weighted -averagenumber of common shares outstanding during the period, plus the dilutive effect of the stock options, RSU awards and exercisable F-49

Heritage Distilling Holding Company, Inc.
Notes to Condensed Consolidated Financial Statements
(unaudited) NOTE 14 — BASIC AND DILUTED NET INCOME/(LOSS) PER SHARE (cont.) common stock warrants, as applicable pursuant to the treasury stock method, and the convertible notes, as applicable pursuant to the if -convertedmethod. The following table sets forth the computation of basic and diluted net income/(loss) per share:

| Basic earnings per share of common stock:                      
 Numerator:                                                     |     | For the Nine Months Ended 
 September 30,             
 2025                      |