Company: IPST
Filing Date: 2025-08-15
Form Type: 424B3
Source: 0001641172-25-024420
Chunk: 15

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-08-15
Form: 424B3
Chunk 15
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 transaction during such period pursuant to     
 Section 4.                                                                                     |

Section 2.Warrant Register.The Company shall register ownership of this Warrant, upon records to be maintained by the Company for that purpose (the “ Warrant Register”), in the name of the record Holder (which shall include the initial Holder or, as the case may be, any assignee to which this Warrant is assigned pursuant to the terms hereunder) from time to time. The Company may deem and treat the registered Holder of this Warrant as the absolute owner hereof for the purpose of any exercise hereof or any distribution to the Holder, and for all other purposes, absent actual notice to the contrary.

| -2- |

Section 3.Exercise.

| (a) | Exercise                                                                                          
 of Warrant. Subject to the terms and conditions hereof, the purchase rights represented           
 by this Warrant may be exercised, in whole or in part, at any time or times on or after the       
 Issue Date by delivery (whether via facsimile, e-mail or otherwise) to the Company (or such       
 other office or agency of the Company as it may designate by notice in writing to the registered  
 Holder at the address of the Holder appearing on the Warrant Register) of a duly executed         
 copy of the Notice of Exercise form annexed hereto (the “Notice of Exercise”)                     
 and by payment to the Company of an amount equal to the aggregate Exercise Price of the Warrant   
 Shares thereby purchased by wire transfer (or by notifying the Company that this Warrant          
 is being exercised pursuant to a Cashless Exercise (as defined below) in accordance with          
 Section 3(c) hereof). The aggregate exercise price of this Warrant, except for the                
 nominal $0.0001 per share, was pre-funded to the Company on or before the Issue Date, and         
 consequently no additional consideration (other than the nominal $0.0001 per share) shall         
 be required to be paid by the Holder to effect any exercise of this Warrant. The Holder shall     
 not be entitled to the return or refund of all, or any portion, of such pre-funded exercise       
 price under any circumstance or for any reason whatsoever. The remaining unpaid exercise          
 price per share of Common Stock under this Warrant shall be $0.0001, subject to adjustment        
 hereunder (the “Exercise Price”). No ink-original Notice of Exercise                              
 shall be required, nor shall any medallion guarantee (or other type of guarantee or not