Company: IPST
Filing Date: 2025-08-26
Form Type: S-1
Source: 0001213900-25-080839
Chunk: 266

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-08-26
Form: S-1
Chunk 266
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 Warrants                               |     | $                        |   559,180 |     | $    |         — |
| Exercise of Prepaid Warrants to Purchase Common Stock                                          |     | $                        |        11 |     | $    |         — |
| Exercise of Common Warrants to Purchase Common Stock                                           |     | $                        |         7 |     | $    |         — |
| Exchange of Prepaid Warrants to Purchase Common Stock for Series B Preferred Stock             |     | $                        |         4 |     | $    |         — |
| Exchange of Series A Preferred Stock and Related Warrants for Series B Preferred Stock         |     | $                        |        42 |     | $    |         — |
| RSUs Vested                                                                                    |     | $                        |       275 |     | $    |         — |
| Right-of-use Assets Obtained in Exchange for New Operating Lease Liabilities                   |     | $                        |   181,861 |     | $    |         — |
| Transaction Costs Associated with S-1 Filing in Accounts Payable and Other Current Liabilities |     | $                        |         — |     | $    |   246,308 |

The accompanying notes are an integral part of these condensed consolidated financial statements.

F-7 Heritage Distilling Holding Company, Inc.
Notes to Condensed Consolidated Financial Statements
(unaudited) NOTE 1 — DESCRIPTION OF OPERATIONS AND BASIS OF PRESENTATION Description of operations— Heritage Distilling Holding Company, Inc. (“HDHC” or the “Company”) is a Delaware corporation, for the purpose of investing in, managing, and/or operating businesses that are engaged in the production, sale, or distribution of alcoholic beverages. The Company is headquartered in Gig Harbor, Washington and has one wholly owned subsidiary, Heritage Distilling Company, Inc. (“HDC”), that is included in the condensed consolidated financial statements. HDC has operated since 2011 as a craft distillery making a variety of whiskeys, vodkas, gins and rums as well as Ready -to -Drink(“RTD”) beverages and operates distillery tasting rooms in Washington and Oregon. Initial Public Offering— On November 25, 2024, the Company closed an initial public offering (“IPO”) of 1,687,500shares of common stock at $4.00 per share. Concurrently, the Company also closed a private offering of 382,205 common warrants to purchase shares of