Company: IPST
Filing Date: 2025-12-23
Form Type: 424B3
Source: 0001213900-25-125341
Chunk: 82

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-23
Form: 424B3
Chunk 82
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 co -brandingarrangements, licensing agreements, co -location, joint branding or other collaborative arrangements, with other brands, producers, partners or celebrities. Examples of some of these arrangements could include: • Co -branded or jointly branded products— There is a risk that the co -brandingdoes not work or does not make sense to the consumer, which would depress sales and could result in a loss of the effort, time and money spent on developing such products. There is also a risk the other brand owner with whom we partnered on the effort may not be able to fulfill its agreements, thereby resulting in lower sales, revenue and profitability compared to expectations heading into such arrangements. There is a risk the other brand owner cannot pay its bills, becomes insolvent, files for bankruptcy, is foreclosed upon or otherwise must cease operations, in which case we could have a co -brandedproduct without a corresponding co -brandingpartner. In such a case, it may also be that we lose the right to continue using the co -brandeddesigns, recipes or trademarks because of a change in operation. There is also a risk that the entity with whom we have co -branded, or one of its employees, managers, executives, directors, or prominent shareholders, does or says something to cause harm to the co -brandedproduct and our brand by association. • Licensing Agreements— There is a risk that if we license to others one or more of our brands, trademarks or patents, the licensee might not pay us the licensing fees or royalties due to us for a variety of reasons. The licensee might attempt to modify or use such licensed items in an inappropriate way inconsistent with our company, the brand, or the terms of the license. There is a risk the licensee, or one of its employees, managers, executives, directors, or prominent shareholders, does or says something to cause harm to the licensed product and our brand by association. • Co -location— We may decide to co -locateor co -brandretail spaces with other distillers or producers, either in their space or in our space to increase the variety of our offerings, attract new consumers to our space or get our brand and products in front of consumers in areas of the country where we do not have a physical presence. There is a risk that the co -locationdoes not work or does not make sense to the consumer, which would depress sales and could result in a loss of the effort, time and money spent on developing such co -location