SC 13D - LQR House Inc. (0001843165) (Subject)
MIAMI, FL / ACCESSWIRE / November 19, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche e-commerce platform specializing in the spirits and beverage industry, today announced that its Board of Directors has approved the purchase of up to $1 million in Bitcoin as part of its treasury management strategy.In addition, the Company will now accept cryptocurrency payments on CWSpirits.com, giving customers the flexibility to purchase alcohol using digital currencies. As part of this initiative, LQR House has adopted a policy to retain up to $10 million of these crypto payments in Bitcoin, reflecting the Company's confidence in the long-term potential and value of digital a
MIAMI BEACH, FL / ACCESSWIRE / November 6, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche e-commerce platform specializing in the spirits and beverage industry,is thrilled to announce a new marketing collaboration with The New York Cocktail Co., including a launch of a custom campaign highlighting their award-winning ready-to-drink cocktail Negroni, crafted by their team of New York's bartenders. This campaign will focus on driving traffic and sales for their bottled Negroni cocktail on CWSpirits.com.According to The New York Cocktail Co., their Negroni is more than just a cocktail; it offers convenience without compromising quality, capturing the essence of the b
MIAMI BEACH, FL / ACCESSWIRE / November 4, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, is pleased to announce significant revenue growth for October 2024, including a 424.58% year-over-year increase compared to October 2023 and a notable month-over-month increase in 8% from September 2024 to October 2024.In October 2023, LQR House generated $45,400 in revenue. For September 2024, the Company's revenue reached $238,159.57, highlighting the positive momentum driven by strategic partnerships and platform sales. Since going public in August 2023, LQR House has prioritized building sustainable par
MIAMI BEACH, FL / ACCESSWIRE / October 23, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche e-commerce platform specializing in the spirits and beverage industry, is excited to announce the successful shipment of its first batch of SWOL Tequila for analysis by the Liquor Control Board of Ontario (LCBO). This marks a significant step for LQR House as it begins its international expansion and entry into the Canadian market.The shipment of SWOL Tequila will undergo a thorough analysis by the LCBO, which oversees alcohol regulation in the province. This regulatory analysis is expected to take approximately six weeks. Once SWOL Tequila is cleared for distribution across
MIAMI BEACH, FL / ACCESSWIRE / October 21, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche e-commerce platform specializing in the spirits and beverage industry, today announced its first major strategic updates under the guidance of David Lazar, the Company's newly appointed Director and President. In an effort to reduce the Company's costs and refocus its resources, LQR House will be shutting down its NFT platform, RareSips, and ending its partnership with Bevage LLC.David Lazar believes that the NFT platform RareSips no longer aligns with the vision for LQR House and that the platform's operations consume resources that could be better allocated elsewhere. By cu
MIAMI BEACH, FL / ACCESSWIRE / October 16, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche e-commerce platform specializing in the spirits and beverage industry, today announced that it has entered into a securities purchase agreement with activist investor David E. Lazar. Under the agreement, Mr. Lazar has committed to providing $3.0 million in funding to LQR House, distributed in two tranches. It is expected that by October 16, 2024, Mr. Lazar will make an initial payment of $606,000 in exchange for approximately 1.1 million shares of LQR House common stock. The balance of $2,394,000 will be funded at the final closing, subject to certain closing conditions, incl
MIAMI BEACH, FL / ACCESSWIRE / October 9, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche e-commerce platform specializing in the spirits and beverage industry, is excited to announce a new marketing collaboration with Big Spoon, designed to raise awareness and drive sales of its non-alcoholic ready-to-drink ("RTD") beverages on LQR House's e-commerce platform, CWSpirits.com.Through this partnership, Big Spoon's RTD drinks-featuring Gin & Tonic, Margarita, and Whiskey Ginger-debuted on LQR House's platform. The launch will be supported by a dynamic marketing campaign utilizing email blasts, SMS outreach, banner ads, and creative influencer content. LQR House believ
MIAMI BEACH, FL / ACCESSWIRE / October 2, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, is excited to report a significant 5700% year-over-year increase in revenue for September 2024 compared to the same month in 2023.For September 2023, LQR House generated $3,800 in revenue. For September 2024, the Company's revenue reached $222,584.72.Sean Dollinger, CEO of LQR House, commented: "We anticipated September would be a strong month with our platform CWSpirits.com gaining momentum and recent new partnerships coming into play, but these numbers have far exceeded my expectations. I'm a strong believ
MIAMI, FL / ACCESSWIRE / September 16, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche e-commerce platform specializing in the spirits and beverage industry, proudly announces its marketing contract with Armen's Barrels LLC brand, Florena Vodka and Gin. This company signed a contract with LQR House in mid-July 2024. Now that the product is available, the campaign has launched with the goal of generating brand awareness and significantly boosting visibility through LQR House's premier online alcohol store, CWSpirits.com.According to the owners of the brand, Florena is known for its use of advanced filtration processes, producing a vodka that embodies the true essenc
MIAMI BEACH, FL / ACCESSWIRE / September 5, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche e-commerce platform specializing in the spirits and beverage industry, proudly announces its marketing collaboration with Higher Celebrations. The partnership contract was signed in July 2024, and the product is now officially available at https://cwspirits.com/products/hot-shots-celebratory-candle-shots?keyword=hotshotThrough this partnership, LQR House's influencer network will create engaging, viral content centered around The HotShot. According to the owners of the brand, The HotShot is a revolutionary shot glass that redefines celebrations. It features a candle atop the
MIAMI BEACH, FL / ACCESSWIRE / February 9, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, proudly announces its latest marketing partnership with Alamo Distilling, a dynamic player in the world of craft distilleries.Having previously collaborated on the Rasta Bob Coconut Rum, which sold out on the cwspirits.com platform, LQR House is thrilled to collaborate with Alamo Distilling again. The partnership will extend beyond Rasta Bob, encompassing a custom marketing campaign for a total of five of Alamo Distilling's key products.The selected products include Rasta Bob Coconut Rum, South Town Chamoy
MIAMI BEACH, FL / ACCESSWIRE / January 29, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, is thrilled to announce its upcoming NFT platform, RareSips. The Company is currently in the process of building the platform, with an expected launch in March. CLICK THIS LINK: https://cwspirits.com/pages/raresips to sign up for the pre-launch event the Company intends to hold in March, where the first 10 bottles will be available for exclusive presale. Simultaneously, the Company is going to initiate a waitlist because once it is launched RareSips plans regular drops for sale every few months.The RareSips
MIAMI BEACH, FL / ACCESSWIRE / December 11, 2023 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, proudly announces its strategic marketing collaboration with Brody's Crafted Cocktails. We expect that this partnership will propel sales for Brody's Craft Cocktails on CWSpirits.com. According to the report published by Virtue Market Research, the Global Craft Cocktails Market, was valued at USD 304 million in 2022, and is projected to reach a market size of USD 837.22 million by 2030, showcasing a remarkable CAGR of 13.5% during the forecast period 2023-2030. With this collaboration, LQR House aims to ca
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10-Q - LQR House Inc. (0001843165) (Filer)
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8-K - LQR House Inc. (0001843165) (Filer)
8-K - LQR House Inc. (0001843165) (Filer)
10-Q - LQR House Inc. (0001843165) (Filer)
3 - LQR House Inc. (0001843165) (Issuer)
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LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, is thrilled to announce a significant 260% year-over-year increase in revenue for the month of June 2024 compared to the same period in 2023. The Company believes that this achievement underscores LQR House's performance and continued growth trajectory in both the ecommerce and alcohol sectors, as well as its ongoing commitment to expanding its portfolio of marketing clients each month.In June 2023, LQR House reported revenues of $65,575, while in June 2024, the Company experienced an impressive jump in revenue, reaching $236,157.05.
LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, proudly announces a significant advancement for its SWOL Tequila brand with a new agreement with Of The Earth Distribution Corp. (the "Of The Earth") for a total amount of up to $6.5 million USD. Of The Earth agreed to purchase SWOL Tequila for a total amount of up to $2 million USD. LQR House will also provide marketing services to Of The Earth for the purchased SWOL Tequila for a total amount of up to $4.5 million USD, which will depend on the number of purchased bottles. Of The Earth may choose to purchase lesser quantity of bottles and terminate the ag
Gainers Fangdd Network Group (NASDAQ:DUO) shares increased by 54.1% to $0.94 during Wednesday's after-market session. The company's market cap stands at $6.0 million. Leafly Holdings (NASDAQ:LFLY) shares moved upwards by 9.56% to $2.75. The company's market cap stands at $6.7 million. Sify Technologies Limited - Rights expiring 6/21/2024 (NASDAQ:SIFYR) shares rose 8.63% to $0.18. E W Scripps (NASDAQ:SSP) shares moved upwards by 4.65% to $2.36. The market value of their outstanding shares is at $201.5 million. Blue Hat Interactive (NASDAQ:BHAT) stock rose 4.54% to $1.15. The company's market cap stands at $67.1 million. Creative Realities (NASDAQ:CREX) stock moved upwards by 4.02% to $4
In the last three months, 4 analysts have published ratings on LQR House (NASDAQ:LQR), offering a diverse range of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 0 0 0 Last 30D 1 0 0 0 0 1M Ago 2 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 1 0 0 0 0 Analysts have recently evaluated LQR House and provided 12-month price targets. The average target is $5.5, accompanied by a high estimate of $7.00 and a low estimate of $5.00. Observing a downward trend,
EF Hutton analyst Jesse Sobelson reiterates LQR House (NASDAQ:LQR) with a Buy and maintains $5 price target.
LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, today announced the acquisition of 1,920,000 shares of DRNK Beverage Corporation at $2.50 USD per share, totaling $4.8 million USD. The proceeds were irrevocably transferred for the sole and exclusive use of the issuer as of June 2024. This investment, which has been held in escrow, will not impact the cash on hand numbers reported in the Company's last filing. LQR House's investment in DRNK marks its strategic entry into both the non-alcoholic (NA) and ready-to-drink (RTD) beverage markets, two rapidly growing sectors within the beverage industry.
Gainers VS Media Holdings (NASDAQ:VSME) shares increased by 14.4% to $0.39 during Thursday's after-market session. The market value of their outstanding shares is at $8.6 million. Collective Audience (NASDAQ:CAUD) stock rose 9.09% to $0.48. The company's market cap stands at $6.5 million. Lions Gate Enter (NYSE:LGF) shares increased by 4.95% to $9.95. The market value of their outstanding shares is at $2.3 billion. The company's, Q4 earnings came out today. Intelligent Group (NASDAQ:INTJ) stock increased by 4.83% to $1.3. The company's market cap stands at $17.0 million. LQR House (NASDAQ:LQR) shares rose 3.8% to $1.07. The company's market cap stands at $4.9 million. BuzzFeed (NASDAQ:
MIAMI BEACH, FL / ACCESSWIRE / June 10, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, today announced the acquisition of 1,920,000 shares of DRNK Beverage Corporation at $2.50 USD per share, totaling $4.8 million USD. The proceeds were irrevocably transferred for the sole and exclusive use of the issuer as of June 2024. This investment, which has been held in escrow, will not impact the cash on hand numbers reported in the Company's last filing. LQR House's investment in DRNK marks its strategic entry into both the non-alcoholic (NA) and ready-to-drink (RTD) beverage markets, two rapidly growin
MIAMI BEACH, FL / ACCESSWIRE / May 20, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, today announced the acquisition of approximately 9.9% Common Shares of Cannon Estate Winery Ltd. ("Cannon"), an owner of Cannon Estate Winery.Cannon Estate Winery located at 30523 Burgess Ave. in the Mount Lehman area of Abbotsford, British Columbia, stands as a testament to the untapped potential of the Fraser Valley in the Canadian winemaking landscape. The estate boasts 20 acres under vine, with 16 varietals planted across 23 plots, including Chardonnay, Muscat, Petite Milo, Pinot Noir, and Gamay Noir. Accor
MIAMI BEACH, FL / ACCESSWIRE / February 12, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, is pleased to announce the payment date for its 50% stock dividend. This significant milestone will see stockholders of record as of the close of business on February 12, 2024 ("Record Date Stockholder") receiving the dividend on March 1, 2024. Since the stock dividend will be in excess of 25% of the LQR House stock value the stock dividend ex-dividend date is March 4, 2024 (the business day after the stock dividend distribution date) and any Record Date Stockholder who sells its shares on or before March
MIAMI BEACH, FL / ACCESSWIRE / February 1, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, announces the declaration by its Board of Directors of a 50% stock dividend (i.e., issuance of one additional share for each two shares held by a shareholder on the record date) for distribution to all of the Company's shareholders of record at the close of business on February 12, 2024. The Company's Board of Directors declared the dividend at a follow-up meeting board meeting to discuss a previously proposed cash dividend of up to $1 per share and reflects the Board's commitment to shareholder value and i
Group of Investors led by Bjarne Borg to Increase Their Current 20% Position in LQR HouseMIAMI BEACH, FL / ACCESSWIRE / January 12, 2024 / Renowned activist investor Bjarne Borg, known for his diverse ventures in real estate, private equity, and energy sectors, has orchestrated a strategic move. Borg's group of investors is rallying behind LQR House (LQR) amid current market challenges. Analyst organizations, including Fintel, EF Hutton, and Litchfield, project an undervalued status for LQR House with a price target range of $7 to $26. Borg's investor group, led by him, has successfully acquired a substantial 20% stake in LQR House, reflecting a profound commitment to the company's sustaine