Company: IPST
Filing Date: 2025-12-19
Form Type: S-1/A
Source: 0001213900-25-123872
Chunk: 265

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-19
Form: S-1/A
Chunk 265
---
ong Zhang                                                      |     |                   165,480 |     |          1.73 | % |     |                     165,480 |     |          1.73 | % |     |                   — |     |             — |   |
| Yingkai Xu                                                          |     |                    49,644 |     |             * |   |     |                      49,644 |     |             * |   |     |                   — |     |             — |   |

____________ *less than 1%. (1)Applicable percentage ownership is based on 9,559,321shares outstanding as of November 25, 2025. To calculate a stockholder’s percentage of beneficial ownership, we include in the denominator (i) the common stock outstanding plus (ii) those shares of common stock underlying options, warrants and convertible securities, that such stockholder is considered to beneficially own and in the numerator all shares of our common stock issuable to that person in the event of the exercise of outstanding options and other derivative securities owned by that person that are exercisable or will come into existence within 60 days of November 25, 2025. Common stock options and derivative securities held by other stockholders are disregarded in this calculation. Therefore, the denominator used in calculating beneficial ownership among our stockholders may differ. Unless we have indicated otherwise, each person named in the table has sole voting power and sole investment power for the shares listed opposite such person’s name. Maximum number of shares to be offered pursuant to this prospectus includes shares of common stock issuable upon the exercise of warrants that are not currently exercisable or exercisable within 60 days. Percentage calculation does not give effect to provisions in all outstanding warrants that provide that such warrants may not be exercised at any time that the holder thereof beneficially owns 4.99% or more of the outstanding common stock. (2)Number of Shares to be offered pursuant to this prospectus consists of 8,287 issuable upon the exercise of vested warrants that may be exercised at any time and 7,459shares of common stock issuable upon the exercise of unvested warrants. Russell Stanley and Christopher Thunen are the natural control persons of 37North Capital SPV 11, LLC and may be deemed to have voting and dispositive power with respect to the shares. The business address of 37North Capital SPV 11, LLC is 71 Liberty Ship Way, Sausalito, CA 94965. (