Company: IPST
Filing Date: 2025-05-07
Form Type: POS AM
Source: 0001641172-25-009076
Chunk: 248

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-05-07
Form: POS AM
Chunk 248
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                  |     |                   |          3.87 | % |     |                   | 3.87 | % |
| Probability scenarios           |     |                   |               |   |     |                   |      |   |
| IPO                             |     |                   |            70 | % |     |                   |      |   |
| deSPAC                          |     |                   |             0 | % |     |                   |      |   |
| Default/Dissolution/Liquidation |     |                   |            20 | % |     |                   |      |   |
| Held to Maturity                |     |                   |            10 | % |     |                   |      |   |

| F-29 |

Heritage Distilling Holding Company, Inc.

Notes to Consolidated Financial Statements

NOTE 8 — FAIR VALUE MEASUREMENT(cont.)

The following table provides a roll forward of the aggregate fair values of the Company’s financial instruments described above, for which fair value is determined using Level 3 inputs:

SCHEDULE OF AGGREGATE FAIR VALUE OF FINANCIAL INSTRUMENTS

|                                                     |     | 2022 and 2023 Convertible Notes |             |   |     | Whiskey  Special Ops  Notes |             |   |     | 2022 Notes Warrant Liabilities |            |   |     | Whiskey  Special Ops  Notes Warrant  Liabilities |            |   |
|:----------------------------------------------------|:----|:--------------------------------|------------:|:--|:----|:----------------------------|------------:|:--|:----|:-------------------------------|-----------:|:--|:----|:-------------------------------------------------|-----------:|:--|
| Balance as of January 1, 2022                       |     | $                               |   8,041,000 |   |     | $                           |           — |   |     | $                              |    433,000 |   |     | $                                                |          — |   |
| Issuances                                           |     |                                 |   5,577,125 |   |     |                             |   1,353,473 |   |     |                                |     12,874 |   |     |                                                  |  1,621,527 |   |
| Change in Fair Value                                |     |                                 |  22,665,765 |   |     |                             |      99,089 |   |     |                                |