Heritage Distilling Files S-1/A Amendment

TL;DR

Heritage Distilling Holding Company, Inc. (HDHC) filed an S-1/A amendment on Oct 3, 2024, for its public offering. #IPOWatch

AI Summary

Heritage Distilling Holding Company, Inc. filed an S-1/A amendment on October 3, 2024, for its registration statement. The company, incorporated in Delaware with its principal executive offices at 9668 Bujacich Road, Gig Harbor, Washington, is seeking to register securities under the Securities Act of 1933. This amendment, designated as Amendment No. 3, continues the registration process initiated under SEC file number 333-279382.

Why It Matters

This filing indicates Heritage Distilling Holding Company is moving forward with its public offering plans, which could lead to increased capital for expansion or operations.

Risk Assessment

Risk Level: medium — As a company undergoing an IPO, there are inherent risks associated with market reception, regulatory hurdles, and the company's ability to execute its business plan.

Key Numbers

• 333-279382 — SEC File Number (Identifies the specific registration filing with the SEC.)
• October 3, 2024 — Filing Date (Date the amendment was submitted to the SEC.)

Key Players & Entities

• Heritage Distilling Holding Company, Inc. (company) — Registrant
• 333-279382 (dollar_amount) — SEC File Number
• October 3, 2024 (date) — Filing Date
• Justin Stiefel (person) — Chief Executive Officer
• 9668 Bujacich Road, Gig Harbor, Washington 98332 (location) — Principal Executive Offices

FAQ

Key Financial Figures

• $4.50 — are of our common stock will be between $4.50 and $5.50. We have applied to list our
• $5.50 — common stock will be between $4.50 and $5.50. We have applied to list our common sto
• $0.01 — rrants”) at an exercise price of $0.01 per share. The Common Warrants will be
• $288 billion — rapidly -growing segment of the overall $288 billion spirits market. According to the Americ
• $21.4 billion — irits segment had revenues of more than $21.4 billion in 2023, an increase of 20.9% from 2021
• $125 — artist. Each bottle currently sells for $125, of which $10 is donated to our non -pr
• $10 — ttle currently sells for $125, of which $10 is donated to our non -profit partners.

Filing Documents

• ea0200109-07.htm (S-1/A) — 9634KB
• ea020010907ex1-1_heritage.htm (EX-1.1) — 218KB
• ea020010907ex3-5_heritage.htm (EX-3.5) — 214KB
• ea020010907ex3-8_heritage.htm (EX-3.8) — 64KB
• ea020010907ex4-9_heritage.htm (EX-4.9) — 82KB
• ea020010907ex5-1_heritage.htm (EX-5.1) — 16KB
• ea020010907ex10-6_heritage.htm (EX-10.6) — 149KB
• ea020010907ex10-7_heritage.htm (EX-10.7) — 35KB
• ea020010907ex10-8_heritage.htm (EX-10.8) — 46KB
• ea020010907ex10-9_heritage.htm (EX-10.9) — 553KB
• ea020010907ex10-10_heritage.htm (EX-10.10) — 150KB
• ea020010907ex23-1_heritage.htm (EX-23.1) — 2KB
• theritage_logo.jpg (GRAPHIC) — 66KB
• tcover_001.jpg (GRAPHIC) — 3681KB
• ex5-1_001.jpg (GRAPHIC) — 7KB
• ex5-1_002.jpg (GRAPHIC) — 3KB
• ex10-10_001.jpg (GRAPHIC) — 4KB
• 0001213900-24-085099.txt ( ) — 16347KB

Risk Factors

Risk Factors   14 Cautionary Note Regarding Forward-Looking Statements   50

Use of Proceeds

Use of Proceeds   52 Dividend Policy   54 Capitalization   55

Dilution

Dilution   58 Management’s Discussion and Analysis of Financial Condition and Results of Operation   61

Business

Business   89 Management   104

Executive Compensation

Executive Compensation   111 Principal Stockholders   121 Certain Relationships and Related Party Transactions   123

Description of Capital Stock

Description of Capital Stock   125 Shares Eligible for Future Sale   130

Underwriting

Underwriting   134 Legal matters   138 Experts   138 Where You Can Find More Information   138 Index to Financial Statements   F-1 i Table of Contents ABOUT THIS PROSPECTUS The registration statement of which this prospectus forms a part, which we have filed with the Securities and Exchange Commission (the “SEC”), includes exhibits that provide more detail on the matters discussed in this prospectus. You should read this prospectus and the related exhibits filed with the SEC together with the additional information described under the heading “Where You Can Find More Information.” You should rely only on the information contained in this prospectus. We have not, and the underwriters have not, authorized anyone to provide you with information different from, or in addition to, that contained in this prospectus or any related free writing prospectus. This prospectus is an offer to sell only the securities offered hereby but only under circumstances and in jurisdictions where it is lawful to do so. The information contained in this prospectus is current only as of its date. Our business, financial condition, results of operations, and prospects may have changed since that date. We are not offering to sell or seeking offers to purchase these securities in any jurisdiction where the offer or sale is not permitted. We have not done anything that would permit this offering or possession or distribution of this prospectus in any jurisdiction where action for that purpose is required, other than in the United States. Persons outside the jurisdiction of the United States who come into possession of this prospectus are required to inform themselves about and to observe any restrictions relating to this offering and the distribution of this prospectus applicable to that jurisdiction. Unless otherwise noted, the share and per share information in this prospectus reflec

View Full Filing

View this S-1/A filing on SEC EDGAR