Corporate ActionJul 2, 2026, 04:14 PM

LQR House Raises $7.11M via Stock Sales; Shares Up 354%

AI Summary

LQR House Inc. announced it raised approximately $7.11 million through the sale of common stock under its Sales Agreement. On June 30, 2026, the company sold 57.1 million shares for $6.07 million, followed by another 19.25 million shares for $1.04 million on July 1, 2026. These sales significantly increased the total shares outstanding from 21.53 million to 97.88 million, representing a 354% increase.

Key Highlights

LQR House raised approximately $7.11 million in gross proceeds from stock sales.
On June 30, 2026, 57.1 million shares were sold for $6.07 million at $0.1063 per share.
On July 1, 2026, 19.25 million shares were sold for $1.04 million at $0.0539 per share.
Shares outstanding increased from 21.53 million to 97.88 million after the sales.
The sales resulted in a 354% increase in total shares outstanding.

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LQR House Inc.

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