Company: IPST
Filing Date: 2025-12-23
Form Type: 424B3
Source: 0001213900-25-125341
Chunk: 449

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-23
Form: 424B3
Chunk 449
---
WAP of the common stock reaches 200% of the $80.00 per share initial public offering price (or $160 per share), and that will expire on the 24 -monthanniversary of the Company’s initial public offering (the “$160 Contingent Legacy Shareholder Warrants”); •Tranche 2 — for up to 76,248shares of common stock (of which up to 12,835 were to a related party) when the 10 - Trading-DayVWAP of the common stock reaches 300% of the $80.00 per share initial public offering price (or $240 per share), and that will expire on the 42 -monthanniversary of the Company’s initial public offering (the “$240 Contingent Legacy Shareholder Warrants”); and, •Tranche 3 — for up to 95,311shares of common stock (of which up to 16,044 were to a related party) when the 10 - Trading-DayVWAP of the common stock reaches 500% of the $80.00 per share initial public offering price (or $240 per share), and that will expire on the 60 -monthanniversary of the Company’s initial public offering (the “$240 Contingent Legacy Shareholder Warrants”). As of December 31, 2024 there were outstanding and exercisable: 36,280 $160 Contingent Legacy Shareholder Warrants; 72,560 $240 Contingent Legacy Shareholder Warrants; and 90,701 $240 Contingent Legacy Shareholder Warrants, (of which 5,272; 11,545; and 14,432, respectively were to a related party). NOTE 16 — BASIC AND DILUTED NET INCOME / (LOSS) PER SHARE The Company computes basic net income/(loss) per share by dividing net income/(loss) for the period by the weighted -averagenumber of common shares outstanding during the period. The Company computes diluted net income/(loss) per share by dividing net income/(loss) for the period by the weighted -averagenumber of common shares outstanding during the period, plus the dilutive effect of the stock options, RSU awards and exercisable F-105

Heritage Distilling Holding Company, Inc.
Notes to Consolidated Financial Statements NOTE 16 — BASIC AND DILUTED NET INCOME / (LOSS) PER SHARE(cont.) common stock warrants, as applicable pursuant