Company: IPST
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-006695
Chunk: 145

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 145
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 and injured      
 special operations heroes, veterans, first responders and their families. Each bottle of our initial release comes in a specially-designed    
 bespoke whiskey tube with a commissioned reproduction lithograph from Michael Solovey, a well-known military artist. Each bottle currently    
 sells for $125, of which $10 is donated to our non-profit partners. Our current partners include 21 national and local charities, such        
 as the Green Beret Foundation, the Marine Raider Foundation, the Honor Foundation, the Special Forces Foundation, the Army Special Operations 
 Association, the Special Operations Memorial Foundation, and the Foundation for Exceptional Warriors, among others. Since the launch          
 of the Army SOF version in late October 2023through September 30, 2024, we have sold nearly 17,000 bottles directly to consumers              
 in our tasting rooms and online, and to select wholesalers, representing more than $1,400,000 in revenue. In May 2024, we launched a          
 three-bottle set commemorating the 80th anniversary of D Day, also featuring artwork by Michael Solovey depicting the combined                
 air, land, and sea efforts on June 6, 1944 along the coast of Normandy, France. Since its launch in May 2024, we have sold nearly 7,000       
 bottles of this limited edition offering, with charitable components from such sales going to the Green Beret Foundation and other partnering 
 charities. In August 2024, we launched the latest product under our Salute Series called War Dogs, and have sold more than                    
 2,500 bottles online through just our DtC e-commerce channel, with charitable components from each sale going to military K-9 nonprofit       
 groups. Both the D Day and War Dogs products retail for $95 each, plus taxes and shipping (if shipped DtC), and their rapid                   
 adoption among consumers show that we can continue to release affinity driven labels to attract consumer attention and purchase and help      
 us drive more revenue with higher margins. We plan to launch additional versions honoring other branches of the military, first responders    
 and military special occasions. This new product follows on the successful seven years of learnings producing and selling 1st                 
 Special Forces Group whiskey, from which we supported Special Forces charities at Joint Base Lewis McChord. We view our new Salute            
 Series line to be a significant new development for our growth.                                                                               |

| ● | Compelling Product Offerings — Flavored                                                                                                     
 Craft Spirits and Ready-to-Drink (“