Company: IPST
Filing Date: 2025-08-26
Form Type: S-1
Source: 0001213900-25-080839
Chunk: 292

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-08-26
Form: S-1
Chunk 292
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:------------|-----------:|:----|:------------|--------:|:----|:--------------|-----------:|:--|:----|:------------|---------:|:--|
| Balance as of January 1, 2024 |     | $             |  36,283,890 |   |     | $           |  1,452,562 |     | $           | 794,868 |     | $             |  1,512,692 |   |     | $           |        — |   |
| Issuances                     |     |               |           — |   |     |             |  3,353,850 |     |             |       — |     |               |    302,020 |   |     |             |  584,203 |   |
| Change in Fair Value          |     |               | (18,216,803 | ) |     |             |  9,172,055 |     |             |  89,314 |     |               | (1,794,334 | ) |     |             | (457,127 | ) |
| Balance as of June 30, 2024   |     | $             |  18,067,087 |   |     | $           | 13,978,467 |     | $           | 884,182 |     | $             |     20,378 |   |     | $           |  127,076 |   |

There were no financial instruments for which fair value is determined using Level 3 inputs for the six months ended June 30, 2025. NOTE 7 — STOCKHOLDERS’ EQUITY/(DEFICIT) On May 11, 2024, the Board and Stockholders of the Company approved, and on May 14, 2024 the Company effected, a .57 -for-1reverse stock split. All share and per share numbers included in these condensed consolidated financial statements as of and for all periods presented reflect the effect of that stock split unless otherwise noted.

F-22 Heritage Distilling Holding Company, Inc.
Notes to Condensed Consolidated Financial Statements
(unaudited) NOTE 7 — STOCKHOLDERS’ EQUITY/(DEFICIT) (cont.) On November 25, 2024, the Company consummated its initial public offering (“IPO”) whereby it sold a total of 1,687,500