Company: IPST
Filing Date: 2025-02-04
Form Type: 424B3
Source: 0001213900-25-010139
Chunk: 232

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-02-04
Form: 424B3
Chunk 232
---
 such underwriters, broker-dealers or agents may receive commissions in the form of discounts,
concessions or commissions from the Investor or commissions from purchasers of the shares for whom they may act as agent or to whom they
may sell as principal (which discounts, concessions or commissions as to particular underwriters, broker-dealers or agents may be in excess
of those customary in the types of transactions involved). The Investor may sell shares short and deliver shares covered by this prospectus
to close out short positions and to return borrowed shares in connection with such short sales. The Investor may also loan or pledge shares
to broker-dealers that in turn may sell such shares.

Under the terms of the ELOC on any given trading
day Investor shall not sell shares of Common Stock received by Investor through the normal put of shares by the Company in an amount greater
than twenty percent (20%) of such shares received if the price for such trade is less than the purchase price of the shares. There shall
be no restriction on the percent of such shares that may be sold by Investor on any one trading day if the trading price for such sale
exceeds the purchase price of such shares.

The Investor may pledge or grant a security interest
in some or all of the shares owned by it and, if it defaults in the performance of its secured obligations, the pledgees or secured parties
may offer and sell the shares from time to time pursuant to this prospectus or any amendment to this prospectus under Rule 424(b)(3) or
other applicable provision of the Securities Act amending, if necessary, the Investor to include the pledgee, transferee or other successors
in interest as a selling stockholder under this prospectus. The Investor also may transfer and donate the shares in other circumstances
in which case the transferees, donees, pledgees or other successors in interest will be the selling beneficial owners for purposes of
this prospectus.

<div align='center'>136</div>

There can be no assurance that the Investor will
sell any or all of the shares registered pursuant to the registration statement of which this prospectus forms a part.

Broker-dealers engaged by the Investor may arrange
for other broker-dealers to participate in sales. Broker-dealers may receive commissions or discounts from the Investor (or, if any broker-dealer
acts as agent for the purchase of shares, from the purchaser) in amounts to be negotiated.

The Investor is an underwriter, and any underwriters,
broker-dealers or