Company: IPST
Filing Date: 2025-08-15
Form Type: 424B3
Source: 0001641172-25-024420
Chunk: 206

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-08-15
Form: 424B3
Chunk 206
---
 Covered Persons. Other than the Placement Agent, the Company is not aware of any person that has been or will be paid (directly or indirectly) remuneration for solicitation of purchasers in connection with the sale of Securities.

(qq) Notice of Disqualification Events. The Company will notify the Placement Agent in writing, prior to each Closing Date of (i) any Disqualification Event relating to any Issuer Covered Person and (ii) any event that would, with the passage of time, become a Disqualification Event relating to any Issuer Covered Person.

Section 3. Delivery and Payment. Each Closing shall occur at the offices of Reed Smith LLP, 599 Lexington Avenue, 22 ndFloor, New York NY 10022, counsel to the Placement Agents (or at such other place as shall be agreed upon by each Placement Agent and the Company, including via electronic transmission of Closing documentation). Subject to the terms and conditions hereof, at each Closing payment of the purchase price for the Securities sold on such Closing Date shall be made (i) in the case of a cash payment, by Federal Funds wire transfer, (ii) in the case of a payment by the cryptocurrency stablecoin commonly referred to as USDC, to the Company’s wallet address in accordance with the instructions provided by the Company, or (iii) in the case of a payment by the digital asset commonly referred to as Story Network $IP Tokens, to the Company’s wallet address in accordance with the instructions provided by the Company, in each case against delivery of such Securities, and such Securities shall be registered in such name or names and shall be in such denominations, as each Placement Agent may request at least one business day before the time of purchase (as defined below).

Deliveries of the documents with respect to the purchase of the Securities, if any, shall be made at the offices of the relevant Placement Agent’s Counsel or via electronic transmission of Closing documentation. All actions taken at a Closing shall be deemed to have occurred simultaneously.

Section 4. Covenants and Agreements of the Company. The Company further covenants and agrees with the Placement Agents as follows:

(a) Securities Laws Disclosure; Publicity. The Company shall (a) by 9:30 a.m. (New York City time) on the Trading Day immediately following the date hereof, issue a press release disclosing the material terms of the transactions contemplated hereby, and (b) file a Current Report on Form 8-K, including the Transaction Documents as exhibits thereto,