4 - LQR House Inc. (0001843165) (Issuer)
4 - LQR House Inc. (0001843165) (Issuer)
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
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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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4 - LQR House Inc. (0001843165) (Issuer)
4 - LQR House Inc. (0001843165) (Issuer)
4 - LQR House Inc. (0001843165) (Issuer)
3 - LQR House Inc. (0001843165) (Issuer)
3 - LQR House Inc. (0001843165) (Issuer)
4 - LQR House Inc. (0001843165) (Issuer)
3 - LQR House Inc. (0001843165) (Issuer)
MIAMI BEACH, FL / ACCESSWIRE / January 14, 2025 / 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 a 27.93% increase in revenue for December 2024 compared to December 2023, showcasing the Company's continued growth and resilience in a dynamic market.LQR House recorded revenues of $341,896.64 for December 2024, compared to $267,238.41 for December 2023. The Company believes that this growth underscores the success of its strategic initiatives, including the cultivation of enduring partnerships and the expansion of its marketing services that drive brand visibility and sales on CWSpi
MIAMI BEACH, FL / ACCESSWIRE / December 13, 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 shares of common stock will begin trading under the new ticker symbol "YHC" on the Nasdaq Capital Market prior to the market open on December 16, 2024. This change marks a strategic evolution for the Company, replacing the current ticker symbol "LQR" used since the Company's initial public offering in 2023.The decision to adopt the new ticker symbol reflects the vision of LQR House's recently nominated board members, Yilin Lu and Hong Chun Yeung, both of whom bring extensive exper
First 1,000 Bottles Ordered by Of The Earth Distribution Corp., Marking Key Milestone in Canadian Market Expansion MIAMI BEACH, FL / ACCESSWIRE / December 3, 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 that SWOL Tequila has received Approval for Ontario Product Analysis by the Liquor Control Board of Ontario (LCBO). This significant milestone paves the way for LQR House's international expansion and marks its entry into the Canadian market, starting with a purchase order from Of The Earth Distribution Corp.SWOL Tequila, a premium brand fully owned by LQR House, succes
MIAMI BEACH, FL / ACCESSWIRE / November 27, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche e-commerce platform specializing in the spirits and beverage industry, announced today a transformative step forward under the guidance of activist investor David Lazar. Mr. Lazar has entered into a Securities Purchase Agreement (the "SPA") with both MeiFang Group & Winz Technology Co., signaling a strategic alignment aimed at advancing LQR House's market position and fostering sustainable growth.As part of the agreement, MeiFang Group acquired 821,818 shares of common stock from Mr. Lazar for $1,300,000, representing a valuation of $1.58 per share. Similarly, Winz Technolog
5 Lucky Winners Will Embark on a Tequila Journey to Mexico's Heartland MIAMI BEACH, FL / ACCESSWIRE / November 26, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche e-commerce platform specializing in the spirits and beverage industry, is proud to unveil a sleek, newly designed bottle for its SWOL Tequila brand. Alongside this launch, LQR House is introducing its first ever Golden Ticket campaign that offers 5 lucky winners the chance to visit Guadalajara and Tequila, Mexico, to experience firsthand the production process and vibrant culture behind SWOL.The redesigned SWOL Tequila bottle, crafted with a unique new glass shape, embodies elegance and premium appeal, ma
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