Company: IPST
Filing Date: 2025-06-04
Form Type: POS AM
Source: 0001641172-25-013501
Chunk: 333

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-06-04
Form: POS AM
Chunk 333
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 cause the holder to beneficially own 9.99% of the Company’s outstanding shares of common, and having no expiration date. As of December 31, 2024, 3,871,992of the pre-paid warrants remained outstanding.

The following sets forth the outstanding prepaid warrants and common warrants for the years ended December 31, 2024 and 2023:

SCHEDULE OF OUTSTANDING PREPAID WARRANTS AND COMMON WARRANTS

| Balance December 31, 2022                                                                 
 Conditional issuance of Prepaid Warrants from Exchange of 2022 and 2023 Convertible Notes |     | Prepaid Warrants |         — 
   507,394 |   |     | Common Warrants |       — 
       — |
|:------------------------------------------------------------------------------------------|:----|:-----------------|----------:|:--|:----|:----------------|--------:|
| Balance December 31, 2023                                                                 |     |                  |   507,394 |   |     |                 |       — |
| Beginning Balance                                                                         |     |                  |   507,394 |   |     |                 |       — |
| Conditional Issuance of Prepaid Warrants from Exchange of Whiskey Notes                   |     |                  |   546,927 |   |     |                 |       — |
| Conditional Issuance of Prepaid Warrants in Exchange for Common Stock                     |     |                  | 2,816,291 |   |     |                 |       — |
| Exercise of Prepaid Warrants in Exchange for Common Stock                                 |     |                  |  (698,619 | ) |     |                 |       — |
| Issuance of Prepaid Warrants for Common Stock                                             |     |                  |   700,001 |   |     |                 |       — |
| November 25, 2024 Private Placement of Common Warrants                                    |     |                  |         — |   |     |                 | 382,205 |
| Balance December 31, 2024                                                                 |     |                  | 3,871,992 |   |     |                 | 382,205 |
| Ending Balance                                                                            |     |                  | 3,871,992 |   |     |                 | 382,205 |

Upon the closing of the Company’s initial public offering on November 25, 2024, the conditional issuances of prepaid warrants and common stock noted in the table above became effective.

Subsequent to December