Company: IPST
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-006695
Chunk: 82

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 82
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 not limited to, changes in how we must value any cryptocurrencies we hold, which could impact our balance sheet and income statement, or our ability to hold, use or dispose of them. In addition, new forms of taxation on the receipt, accumulation, acquisition, holding, storing., transferring, selling or otherwise using of such cryptocurrencies which could alter, diminish or destroy the value proposition for such cryptocurrencies or how we value any cryptocurrencies we may hold at that time, which could negatively impact our balance sheet or income statement. Risks Related to this Offering and Ownership of Our Common Stock The market price of our common stock may be highly volatile, and you could lose all or part of your investment. Prior to our initial public offering in November 2024, there was no public market for the shares of our common stock. The offering price for the shares sold in our initial public offering was determined by negotiation between the underwriters and us. Shares of companies offered in an initial public offering often trade at a discount to the initial offering price due to underwriting discounts and commissions and related offering expenses. As a result, the trading price of our common stock is likely to be volatile, which may prevent you from being able to sell your shares at or above the public offering price. The market price of our common stock could be subject to wide fluctuations in response to a variety of factors, which include:

| ● | actual or anticipated fluctuations in our financial condition 
 and operating results;                                        |

| ● | announcements of new product offerings or technological innovations 
 by us or our competitors;                                           |

| ● | announcements by our customers, partners or suppliers relating    
 directly or indirectly to our products, services or technologies; |

| ● | overall conditions in our industry and market; |

49

| ● | addition or loss of significant customers; |

| ● | changes in laws or regulations applicable to our products; |

| ● | actual or anticipated changes in our growth rate relative 
 to our competitors;                                       |

| ● | announcements by us or our competitors of significant acquisitions,                                   
 strategic partnerships, joint ventures, capital commitments or achievement of significant milestones; |

| ● | additions or departures of key personnel; |

| ● | competition from existing products or new products that may 
 emerge;                                                     |

| ● | fluctuations in the valuation of companies perceived by investors 
 to be comparable to us;                                           |

| ● | disputes or other developments related to proprietary rights,                                                         
 including patents, litigation matters or our ability to obtain intellectual property protection for our technologies; |

| ● |