Company: IPST
Filing Date: 2025-08-29
Form Type: DEF 14A
Source: 0001788230-25-000148
Chunk: 3

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-08-29
Form: DEF 14A
Chunk 3
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”), to increase the number of shares reserved for issuance under the 2024 Plan from 5,000,000 shares to 35,000,000 shares (the "Incentive Plan Proposal"); and                                                                                                                                                                                                 |
| 7 |     | Approve a proposal to adjourn the Special Meeting to a later date or time, if necessary or appropriate, to solicit additional proxies if there are an insufficient number of votes at the time of such adjournment to approve the other proposals to be voted on at the Special Meeting (the “Adjournment Proposal”).                                                                                                                                                                      |

And to transact any other business as may properly come before the meeting or any adjournment or postponement thereof.

THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT YOU VOTE “FOR” EACH OF THE PROPOSALS TO BE VOTED ON AT THE SPECIAL MEETING.

The affirmative vote of a majority of the votes cast by stockholders present, in person or by proxy, at the Special Meeting is required to approve the Financing Proposal, the Advisory Compensation Proposal, the Incentive Plan Proposal, the Reverse Stock Split Proposal, and the Adjournment Proposal. The affirmative vote of a majority in voting power of the shares of our common stock entitled to vote is required to approve the Authorized Share Proposal. Lastly, the affirmative vote of two-thirds (66 2/3%) of the total voting power of all outstanding shares of our common stock entitled to vote is required to approve the Stockholder Action Proposal.

All stockholders are cordially invited to attend the Special Meeting in person. Whether or not you expect to attend the Special Meeting, please complete, sign, date, and return the enclosed proxy card as soon as possible to ensure your representation at the Special Meeting. A postage-paid return envelope is enclosed for your convenience. You may vote by: (i) signing your proxy card and mailing it in the enclosed envelope; (ii) voting over the internet by following the procedures provided on the proxy card; or (iii) attending the Special Meeting and voting in person. Even if you have given your proxy, you may still vote in person if you attend the Special Meeting. Please note, however, that if a broker, bank or other nominee holds your shares of record and you wish to vote at the Special Meeting, then you must obtain from the record holder a proxy issued in your name. For the convenience of stockholders, we have made it easy for you to vote via a secure internet link, as further described below.