Company: IPST
Filing Date: 2025-10-16
Form Type: S-1/A
Source: 0001213900-25-099309
Chunk: 361

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-10-16
Form: S-1/A
Chunk 361
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 per $IP Token of $ 3.40compared to the market price of $ 5.7106per $IP Token, resulting in a gain of $ 14,271,353being recorded to other income; and, •$ 99,692,647of $IP Tokens for $ 59,000,000in cash on August15, 2025 at a price per $IP Token of $ 3.40compared to the market price of $ 5.745per $IP Token, resulting in a gain of $ 40,692,647being recorded to other income. In conjunction with the Offering, the Company issued: 2,500,000RSUs on September 25, 2025 to an advisor, vesting in 4 equal installments of 625,000shares on October1, 2025, January1, 2026, April1, 2026, and July1, 2026; placement agent warrants in August 2025 to purchase 4,307,289shares of common stock at $ 0.01per share, expiring August15, 2030, representing 3% of the number of the securities issued in the Offering; and advisor warrants in August, 2025, to purchase common stock at $ 0.01per share that expire August10, 2030 as follows: •Tranche 1 — 3,875,000warrants vesting the earlier of when the closing price of the common stock equals or exceeds a price of $ 1.00per share or 3months from the issue date of the warrant; •Tranche 2 — 4,075,000warrants vesting the earlier of when the closing price of the common stock equals or exceeds a price of $ 1.50per share or 6months from the issue date of the warrant; F-44 Heritage Distilling Holding Company, Inc.
Notes to Condensed Consolidated Financial Statements
(unaudited) NOTE 14 — SUBSEQUENT EVENTS (cont.) •Tranche 3 — 4,300,000warrants vesting the earlier of when the closing price of the common stock equals or exceeds a price of $ 2.00per share or 6months from the issue date of the warrant; and, •Tranche 4 — 5,250,000warrants vesting monthly over 12months from September18, 2025. Issuer shall have the