Company: IPST
Filing Date: 2025-10-16
Form Type: S-1/A
Source: 0001213900-25-099309
Chunk: 356

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-10-16
Form: S-1/A
Chunk 356
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 $ 4.00per share initial public offering price (or $ 8per share), and that will expire on the 24 -monthanniversary of the Company’s initial public offering (the “$ 8Contingent Legacy Shareholder Warrants”); •Tranche 2 — for up to 1,524,976shares of common stock (of which up to 256,716were to a related party) when the 10 -Trading-DayVWAP of the common stock reaches 300% of the $ 4.00per share initial public offering price (or $ 12per share), and that will expire on the 42 -monthanniversary of the Company’s initial public offering (the “$ 12Contingent Legacy Shareholder Warrants”); and, •Tranche 3— for up to 1,906,220shares of common stock (of which up to 320,895were to a related party) when the 10 -Trading-DayVWAP of the common stock reaches 500% of the $ 4.00per share initial public offering price (or $ 20per share), and that will expire on the 60 -monthanniversary of the Company’s initial public offering (the “$ 20Contingent Legacy Shareholder Warrants”). As of June 30, 2025, there were outstanding and exercisable: 625,446$ 8Contingent Legacy Shareholder Warrants; 1,250,892$ 12Contingent Legacy Shareholder Warrants; and 1,563,615$ 20Contingent Legacy Shareholder Warrants, (of which 0; 0; and 0, respectively were to a related party). NOTE 13 — 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-41

Heritage Distilling Holding Company, Inc.
Notes to Condensed Consolidated Financial Statements
(unaudited) NOTE 13 — BASIC AND DILUTED NET INCOME/(LOSS) PER SHARE (