Company: IPST
Filing Date: 2025-12-12
Form Type: S-1/A
Source: 0001213900-25-121277
Chunk: 418

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-12
Form: S-1/A
Chunk 418
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     |   700,001 |   |     |        — |
| November 25, 2024 Private Placement of Common Warrants                                    |     |         — |   |     |   19,110 |
| Balance December 31, 2024                                                                 |     | 3,871,992 |   |     |   19,110 |

Upon the closing of the Company’s initial public offering on November 25, 2024, the conditional issuances of prepaid warrants and common stock noted in the table above became effective.

F-88 Heritage Distilling Holding Company, Inc.
Notes to Consolidated Financial Statements NOTE 9 — STOCKHOLDERS’ EQUITY/(DEFICIT) (cont.) Subsequent to December 31, 2024, through April 28, 2025: 62,627Prepaid Warrants (with an exercise price of $ 0.02each) were exercised cashlessly for 62,538shares of common stock; and 35,000prepaid warrants were exchanged for 39,200shares of Series B Preferred Stock, leaving 1,919,433prepaid warrants remaining outstanding. (Subsequent to December 31, 2024, through April 28, 2025, the related party exercised 55,878prepaid warrants (with an exercise price of $ 0.02each) cashlessly for 55,795shares of common stock, leaving 60,189prepaid warrants outstanding.) Preferred stock — Series A— In May 2024, the Company’s Board of Directors and Shareholders approved an offering of Series A Convertible Preferred Stock of up to $ 5,000,000, of which $ 4,948,478was issued and outstanding and $ 0remained available for issuance as of December 31, 2024 (as the offering was closed prior to the Company’s November 25, 2024 initial public offering). The shares of Series A Convertible Preferred Stock, par value $ 0.0001per share (the “Series A Preferred Stock”) were sold at a Subscription Price of $ 10per share and have a stated value of $ 240per share (the “Stated Value”), and included stock purchase warrants to purchase shares of common stock calculated at 25% of the subscription price then divided by $ 100, with an exercise price equal to the lesser of $ 100per share or the price per share at which the common stock is