Company: IPST
Filing Date: 2025-02-04
Form Type: 424B3
Source: 0001213900-25-010139
Chunk: 70

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-02-04
Form: 424B3
Chunk 70
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 our 
 possession, which could impact our total assets, balance sheet and liquidity;                                                          |

| ● | acquiring and holding such cryptocurrencies and then selling some or all of those holdings into the market for cash before an event      
 that increases the value of those cryptocurrencies, meaning we would have lost out on an increase in the value of that asset had we held 
 it longer;                                                                                                                               |

| ● | selling cryptocurrencies we own such that followers of cryptocurrencies who may have become, or could have become loyal customers           
 of ours, because we engage in the use of cryptocurrencies could view such sale as not being in line with their belief that cryptocurrency   
 should be used to replace fiat currencies. In such cases this could result in fewer customers, fewer purchases, less revenue and an overall 
 reduction in business relative to the trajectory we may have been on, which could impact our financial result or reputation negatively;     |

| ● | accepting cryptocurrencies as a form of payment for goods or services could be subject to transactions fees than are higher than regular 
 credit card processing or similar fees, which could impact our financial results, profitability and net income or loss;                  |

| ● | based on new accounting rules adopted by the Financials Services Accounting Board, the value of cryptocurrencies held by public companies    
 may be marked to market. In the event we hold any such cryptocurrencies in our treasury as an asset on our balance sheet and the value       
 or price of such cryptocurrencies fall in any one month or reporting period, it would require us to write down the value of that asset,      
 which would negatively impact our income statement for that reporting period and increase a loss for the period, reduce any reported profits 
 for the period, or turn a profitable period into a period with a reported loss, which could reflect poorly on us in the market and impact    
 the price of our stock;                                                                                                                      |

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| ● | there is a risk that the service providers we use for our points of sale elect to not service or stop accepting cryptocurrencies as             
 a form of payment for us, which could restrict our access to the market and our ability to sell goods for the exchange of such cryptocurrencies 
 that might have been part of our business or strategic plans;                                                                                   |

| ● | The trading prices of many cryptocurrencies, have experienced extreme volatility in recent periods and may continue to do so. Extreme   
 volatility in the future, including further declines in the trading prices of cryptocurrencies we may hold or own could have a material 
 adverse effect on our balance sheet, income, liquidity