AcquisitionsApr 15, 2026, 04:11 PM
LQR House to Acquire Fusion Five Continents for $126.88M
AI Summary
LQR House Inc. has entered into a Share Purchase Agreement to acquire Fusion Five Continents Securities Limited, a New Zealand company. The acquisition will occur in multiple closings, with the initial closing by April 24, 2026, for a 24% stake valued at $28,080,000. The remaining 76% will be acquired for $98,800,000 after regulatory approvals, with all payments made in Tether (USDT).
Key Highlights
- LQR House Inc. to acquire Fusion Five Continents Securities Limited.
- Initial closing by April 24, 2026, for 24% stake at $28,080,000 in USDT.
- Remaining 76% to be acquired for $98,800,000 in USDT.
- Total acquisition price is $126,880,000 in USDT.