Company: IPST
Filing Date: 2025-12-23
Form Type: 424B3
Source: 0001213900-25-125341
Chunk: 173

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-23
Form: 424B3
Chunk 173
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 cash paid for interest expense; $59,000,000 purchase of $IP Tokens using USDC; $188,358,000 sale of prepaid warrants for $IP Tokens and USDC in our PIPE offering; $4,097,000 of debt settlements in exchange for prepaid warrants; $4,093,000 of Series B Preferred Stock issued in exchange for Series A Preferred Stock; $559,000 of Series B Preferred Stock issued in exchange for prepaid warrants; and $201,000 of reduced right -of -useassets from relinquishment of operating lease liabilities. For the nine months ended September 30, 2024, supplemental cash flow activity included approximately: $1,585,000 of cash paid for interest expense; $1,266,000 of Series A Preferred Stock and warrants issued in exchange for barrels and inventory; $720,000 for Series A Preferred Stock and warrants issued in exchange for factoring agreement notes payable including interest; $153,000 of right -of-useassets obtained in exchange for new operating lease liabilities; and $290,000 of unpaid deferred transaction costs that were recorded as a deferred expense on the balance sheet and recorded in accounts payable and other current liabilities. 102 During the year ended December 31, 2024, supplemental cash flow activity included approximately: $2,189,000 of cash paid for interest expense; $1,266,000 of Series A Preferred Stock issued in exchange for inventory and barrels; $720,000 of Series A Preferred Stock issued in exchange for factoring agreement and related accrued interest and fees; $1,676,000 of unpaid deferred transaction costs that were recorded as a deferred expense on the balance sheet and recorded in accounts payable and other current liabilities; and $0 of leased assets obtained in exchange for new operating lease liabilities. For the year ended December 31, 2023, supplemental cash flow activity included approximately: $2,091,000 of cash paid for interest expense; $1,020,000 of unpaid deferred transaction costs that were recorded as a deferred expense on the balance sheet and recorded in accounts payable and other current liabilities; $290,000 of ROU’s obtained in exchange for new operating leases; $194,000 of unpaid property additions; and $1,020,000 of unpaid deferred transaction costs that were recorded as a deferred expense on the balance sheet and recorded in accounts payable and other current liabilities. Off-Balance Sheet Arrangements We had no obligations, assets or liabilities that would be considered off -balancesheet arrangements as