Company: IPST
Filing Date: 2025-12-19
Form Type: S-1/A
Source: 0001213900-25-123872
Chunk: 471

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-19
Form: S-1/A
Chunk 471
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 purchase 3,785shares of common stock at $80.00 per share; $392,000 was paid by the exchange of pre -paidwarrants to purchase an aggregate of 35,000shares of common stock at $0.02 per share; and $167,180 was paid by the exchange of prepaid warrants to purchase 16,393shares of common stock at $0.02 per share. During the quarter ended June 30, 2025, we issued and sold an aggregate of 576,373shares of Series B Preferred Stock and warrants to purchase up to 36,659shares of common stock to accredited investors for aggregate gross proceeds of approximately $5,763,747. II-3 On August 18, 2025, we paid in full the approximately $12.6 million of principal and approximately $1.0 million of accrued interest and fees payable on our secured loan from Silverview Credit Partners LP by the payment to Silverview Credit Partners of approximately $7.0 million of the net proceeds of the sale of the Pre -FundedWarrants and the issuance of a warrant with an exercise price of $0.20 per share that was exercisable to purchase an aggregate of 200,000shares of common stock at the earlier of (a) the date on which the closing price of our common stock equals or exceeds $20 per share or (b) the three -monthanniversary of the warrant issuance date. On September22, 2025, the warrant was cashlessly exercised for 198,000shares of common stock. Between July 30, 2025 and August 10, 2025, we settled approximately $2.8 million of trade payables by the payment of approximately $1.4 million in cash and the issuance of warrants with an exercise price of $0.20 per share that are exercisable to purchase an aggregate of 53,890shares of common stock at the earlier of (a) the date on which the closing price of our common stock equals or exceeds $20 per share or (b) the three -monthanniversary of the warrant issuance date. On August 10, 2025, we settled a trade payable in the amount of $1.0 million by the payment of $450,000 in cash and the issuance of a warrant with an exercise price of $2.40 per share that is exercisable to purchase up to 22,500shares of common stock at the earlier of (a) the date on which