Company: IPST
Filing Date: 2025-02-04
Form Type: 424B3
Source: 0001213900-25-010139
Chunk: 25

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-02-04
Form: 424B3
Chunk 25
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 issuable upon conversion of our 50,000 outstanding shares of                                 
 Series B Preferred Stock (excluding any dividends accrued prior to such conversion), which shares are convertible at any time 6     
 months after the date such Series B Preferred Stock is sold, unless such conversion would cause the holder to beneficially own more 
 than 4.99% of our outstanding shares of common stock;                                                                               |

| ● | Up to 83,407 shares of common stock issuable in connection with 
 our acquisition of Thinking Tree Spirits; and                   |

| ● | Up to 2,500,000 shares of common stock reserved for future                                                                           
 issuance under our 2024 Equity Incentive Plan and up to 4,900 shares of our common stock reserved for future issuance under our 2019 
 Equity Incentive Plan.                                                                                                               |

Except as otherwise noted, all information in this prospectus:

| ● | assumes no exercise of the outstanding options and warrants 
 described above.                                            |

<div align='center'>12</div>

SELECTED FINANCIAL INFORMATION The following table sets forth a summary of our historical financial data as of, and for the periods ended on, the dates indicated. The operating data for the years ended December 31, 2023 and 2022 and the balance sheet data as of December 31, 2023 and 2022 have been derived from our audited consolidated financial statements included elsewhere in this prospectus. The operating data for the nine months ended September 30, 2024 and 2023 and the balance sheet data as of September 30, 2024 have been derived from our unaudited interim condensed consolidated financial statements included elsewhere in this prospectus. The unaudited interim condensed consolidated financial statements were prepared on the same basis as our audited consolidated financial statements. In our opinion, such financial statements include all adjustments, consisting of normal recurring adjustments, that we consider necessary for a fair presentation of the financial information for those periods. The summary financial data should be read with the financial statements and the accompanying notes included in this prospectus. In addition, the summary financial data should be read in conjunction with the section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in this prospectus.

|                                                     |     | 2024 | Nine Months Ended 
     September 30, |   |     | 2023 |              |   |     | 2023 |   Year Ended 
 December 31, |   |     | 202