Company: IPST
Filing Date: 2025-06-04
Form Type: POS AM
Source: 0001641172-25-013501
Chunk: 364

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-06-04
Form: POS AM
Chunk 364
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24-month anniversary     
 of the Company’s initial public offering (the “$8 Contingent Legacy Shareholder               
 Warrants”);                                                                                   |

| ● | Tranche                                                                                            
 2 - for up to 1,524,976 shares of common stock (of which up to 256,716 were to a related           
 party) when the 10-Trading-Day VWAP of the common stock reaches 300% of the $4.00 per share        
 initial public offering price (or $12 per share), and that will expire on the 42-month anniversary 
 of the Company’s initial public offering (the “$12 Contingent Legacy Shareholder                   
 Warrants”); and,                                                                                   |

| ● | Tranche                                                                                            
 3 - for up to 1,906,220 shares of common stock (of which up to 320,895 were to a related           
 party) when the 10-Trading-Day VWAP of the common stock reaches 500% of the $4.00 per share        
 initial public offering price (or $20 per share), and that will expire on the 60-month anniversary 
 of the Company’s initial public offering (the “$20 Contingent Legacy Shareholder                   
 Warrants”).                                                                                        |

As of December 31, 2024 there were outstanding and exercisable: 725,608$ 8Contingent Legacy Shareholder Warrants; 1,451,216$ 12Contingent Legacy Shareholder Warrants; and 1,814,020$ 20Contingent Legacy Shareholder Warrants, (of which 115,456; 230,912; and 288,640, 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-average number 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-average number of common shares outstanding during the period, plus the dilutive effect of the stock options, RSU awards and exercisable common stock warrants, as applicable pursuant to the treasury stock method, and the convertible notes, as applicable pursuant to the if-converted method. The following table sets forth the computation of basic and diluted net income / (loss) per share:

SCHEDULE OF EARN