Company: IPST
Filing Date: 2025-09-22
Form Type: 8-K
Source: 0001788230-25-000153
Chunk: 1

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-09-22
Form: 8-K
Item: Item 5.07
Chunk 1
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Item 5.07 Submission of Matters to a Vote of Security Holders.

On September 18, 2025, the Company held the Special Meeting. At the Special Meeting, the Company’s stockholders voted on seven proposals and cast their votes as described below. The proposals are described in the Special Meeting Proxy Statement. Stockholders representing a total of 10,138,167 shares of the Company’s common stock, $0.0001 par value per share (the “ Common Stock”), or approximately 65.8% of the Company’s outstanding shares of Common Stock as of July 23, 2025, the record date for the Special Meeting, were present or represented by proxy at the Special Meeting, constituting a quorum.

Proposal 1

The Company’s stockholders cast their votes to approve, for the purpose of complying with the applicable provisions of Nasdaq Listing Rule 5635, the issuance of pre-funded warrants and shares of common stock upon the exercise of pre-funded warrants issued pursuant to subscription agreements between certain accredited or institutional investors and the Company related to the issuance of such securities, as set forth below:

  Votes For      Votes Against      Abstentions      Broker Non-Votes  
 ───────────────────────────────────────────────────────────────────────
  7,957,745            581,292            8,607             1,590,523  

Result: Of all votes cast, 78.5% voted FOR Proposal 1. Proposal 1 required the affirmative vote of the majority of the votes cast by stockholders present, in person or by proxy, at the Special Meeting. Proposal 1 was approved.

Proposal 2

The Company’s stockholders cast their votes to approve, for the purpose of complying with the applicable provisions of Nasdaq Listing Rule 5635(c), the issuance of shares of common stock, restricted stock unit awards, and shares of common stock upon the exercise of warrants issued pursuant to advisory agreements between certain advisors and the Company related to the issuance of such securities, as set forth below:

  Votes For      Votes Against      Abstentions      Broker Non-Votes  
 ───────────────────────────────────────────────────────────────────────
  7,906,825            633,847            6,972             1,590,523  

Result: Of all votes cast, 78.0% voted FOR Proposal 2. Proposal 2 required the affirmative vote of the majority of the votes cast by stockholders present, in person or