Company: IPST
Filing Date: 2025-12-12
Form Type: S-1/A
Source: 0001213900-25-121277
Chunk: 328

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-12-12
Form: S-1/A
Chunk 328
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,607shares of common stock and 25,369prepaid warrants to purchase common stock (See Note 13); •The 2023 Series — Convertible Whiskey Special Ops 2023 Notes and related warrants which were previously exchanged for 119,954shares of common stock and 27,346prepaid warrants to purchase common stock (See Note 12); •The $ 399,667received from the two separate investors under the terms of the May 2024 and July 2024 factoring agreements, including accrued fees and 4,218related warrants, which was exchanged for an aggregate of 44,291shares of Series A Preferred Stock and 1,248warrants to purchase shares of common stock at $ 80per share (including $ 266,667received from a related party, which was exchanged for 29,661shares of Series A Preferred Stock, and 833warrants). (See Notes 5 and 13.) •The $ 250,000received from an investor under the terms of a July 2024 accounts receivable factoring agreement, including accrued fees, which was exchanged for 27,700shares of Series A Preferred Stock, including 781warrants to purchase shares of common stock at $ 80per share. (See Notes 5 and 13.) In addition to the Common Warrants discussed above, pursuant to the Underwriting Agreement dated November 21, 2024, by and between the Company and the underwriters named therein (the “Representative”), the Company issued 4,218of Representative’s Warrants to the Representative with an initial exercise date on or after May 24, 2025, an exercise price of $ 80per share, and an expiration date of November 21, 2029. F-31 Heritage Distilling Holding Company, Inc.
Notes to Condensed Consolidated Financial Statements
(unaudited) NOTE 8 — STOCKHOLDERS’ EQUITY/(DEFICIT) (cont.) At a special meeting of stockholders held on September 18, 2025, the Company’s stockholders approved all of the proposals on the agenda related to the Company’s previously announced PIPE transaction, and other actions, including: •the issuance of Pre -FundedWarrants and shares of common stock upon the exercise of the Pre -FundedWarrants; •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