on LQR House (NASDAQ:LQR)
LQR House Announces $6.52 Million Registered Direct Offering
LQR House Inc., an e-commerce platform in the spirits and beverage industry, has announced a registered direct offering amounting to $6.52 million. The company has entered into securities purchase agreements to sell 7,249,972 shares at $0.90 each. This deal involves both new and existing investors and some of the company's directors and officers. The closing is expected on December 19, 2025, pending customary conditions.
The company plans to use these funds to repay existing settlement obligations, litigation fees, and for general corporate purposes. A.G.P./Alliance Global Partners is the sole placement agent. The offering aligns with an effective shelf registration statement and complies with SEC regulations. This announcement is not a sales offer but outlines strategic financial moves by LQR House.
R. H.
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