Company: IPST
Filing Date: 2025-06-04
Form Type: POS AM
Source: 0001641172-25-013501
Chunk: 200

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-06-04
Form: POS AM
Chunk 200
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 equals or exceeds  
 $5.00 per share. These warrants are exercisable at any time unless such exercise would cause the holder to beneficially own more       
 than 4.99% of our outstanding shares of common stock and expire on June 15, 2029.                                                      |

| ● | Warrants                                                                                                                             
 to purchase up to 911,225 shares of common stock with an exercise price equal to $0.01 per share that are exercisable at any time    
 unless such exercise would cause the holder to beneficially own more than 4.99% of our outstanding shares of common stock and expire 
 on February 21, 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 May 29, 2025, we had outstanding options to purchase an aggregate of 6,011 shares of our common stock with a weighted-average exercise price of $157.89 per share that expire between June 2025 and November 2026, all of which were issued under the 2019 Plan.

Restricted Stock Units

As of May 29, 2025, we had made awards of all 2,500,000 restricted stock units authorized under the 2024 Plan and no shares remain authorized for issuance under the 2024 Plan. As of May 29, 2025, an additional 27,500 restricted stock units had been granted under the 2024 Plan, subject to shareholder approval of an amendment to the 2024 Plan to increase the number of shares authorized of issuance under the 2024 Plan.

Limitation of Liability and Indemnification Matters

Our amended and restated certificate of incorporation limit 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; |

| 122 |

| ● | unlawful                                                                                                       
 payments of dividends or unlawful stock repurchases, or redem