Heritage Distilling Holding Company Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
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Beverages (Production/Distribution)
Consumer Staples
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) July 31, 2025
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Item 8.01 Other Events.
As previously reported, on January 23, 2025, Heritage Distilling Holding Company, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with C/M Capital Master Fund, LP (the “Investor”), pursuant to which the Company, subject to the restrictions and satisfaction of the conditions in the Purchase Agreement, has the right, but not the obligation, to sell to the Investor and the Investor is obligated to purchase up to $15.0 million of newly-issued shares (the “Purchase Shares”) of the Company’s common stock, $0.0001 par value per share (the “Common Stock”). A summary of the Purchase Agreement and the terms and conditions thereof is included in the Company’s Current Report on Form 8-K that was filed with the Securities and Exchange Commission on January 24, 2025.
Between February 19, 2025 and July 30, 2025, the Company sold to the Investor an aggregate of 11,962,810 shares of Common Stock pursuant to the Purchase Agreement for aggregate gross proceeds of approximately $4,816,234, including an aggregate of 10,525,357 shares of Common Stock that were sold between July 15, 2025 and July 30, 2025 for gross proceeds of approximately $4,087,161 at prices ranging from $0.32 to $0.45 per share. After giving effect to such sales, as of July 30, 2025, the Company had 23,623,852 shares of Common Stock issued and outstanding.
In the Purchase Agreement, the Investor represented to the Company, among other things, that it is an “accredited investor” (as such term is defined in Rule 501(a)(3) of Regulation D promulgated under the Securities Act of 1933, as amended (the “Securities Act”)). The securities referred to in this Current Report on Form 8-K were issued and sold by the Company to the Investor in reliance upon the exemptions from the registration requirements of the Securities Act afforded by Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D promulgated thereunder. The Company has registered the resale by the Investor of 5 million shares of Common Stock issued or issuable pursuant to the Purchase Agreement on a registration statement on Form S-1 (Registration No. 333-284509) and the resale by the Investor of an additional 10 million shares of Common Stock issuable pursuant to the Purchase Agreement on a registration statement on Form S-1 (Registration No. 333-288051).
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
The following exhibit is incorporated herein by reference:
| Exhibit No. | Description | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| HERITAGE DISTILLING HOLDING COMPANY INC. | ||||||||
| Date: August 1, 2025 | By: | /s/ Justin Stiefel | ||||||
| Justin Stiefel | ||||||||
| Chief Executive Officer | ||||||||
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