Company: IPST
Filing Date: 2025-12-23
Form Type: 424B3
Source: 0001213900-25-125341
Chunk: 117

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-23
Form: 424B3
Chunk 117
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875shares beginning October18, 2025 so that all of such warrants are vested 12 months following such date, with each Advisory Warrant subject to vesting, forfeiture and such other terms as are set forth therein. The Advisory Warrants contain incidental registration rights, pursuant to which we were required to register the shares of common stock issuable upon exercise of the Advisory Warrants for resale in the registration statement of which this prospectus forms a part. The holders of our Pre -FundedWarrants, Placement Agent Warrants, and Advisory Warrants and the shares of common stock we issued to certain of the Advisors or will issue to certain Advisors upon the exercise of Pre -FundedWarrants or the settlement of restricted stock units are included among the Selling Stockholders named in this prospectus, and we have registered under the registration statement of which this prospectus forms a part an aggregate of 19,877,659shares of common stock issued to such Selling Stockholders or issuable to such Selling Stockholders upon exercise of the Pre -FundedWarrants, Placement Agent Warrants or Advisory Warrants or upon settlement of such restricted stock units. Such shares of common stock may be sold from time to time by such Selling Stockholders pursuant to this prospectus. Purchase, Sale and Exchange of Series B Preferred Stock Between January 23, 2025 and July 7, 2025, we sold in a private placement to 15 accredited investors an aggregate of 756,854shares of Series B Preferred Stock, with certain investors receiving warrants to purchase an aggregate of 42,619shares of common stock for $0.20 per share. We received aggregate gross proceeds of $7,568,557 from the sale of Series B Preferred Stock, of which: $2,916,810 for 291,681shares of Series B Preferred Stock was from cash investors; $4,092,567 for 409,256shares of Series B Preferred Stock was from the exchange of 284,140shares of Series A Preferred Stock and related warrants to purchase 3,785shares of common stock at $80.00 per share; $392,000 (for 39,200shares of Series B Preferred Stock with an adjusted conversion price of $9.472 per share of common stock) was from the exchange of prepaid warrants to purchase 35,000shares of common stock at a VWAP of $11.20 per prepaid warrant; and $167,180 (for 16,717shares of Series B Preferred Stock with a