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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
December 13, 2024
LQR HOUSE INC.
(Exact name of registrant as specified in its charter)
Nevada |
|
001-41778 |
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86-1604197 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(I.R.S. Employer
Identification Number) |
6800 Indian Creek Dr. Suite 1E
Miami Beach, Florida |
|
33141 |
(Address of principal executive offices) |
|
(Zip Code) |
(786) 389-9771
(Registrant’s telephone number, including
area code)
N/A
(Former Name or Former Address, if Changed Since
Last Report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b)
of the Act:
Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
Common Stock, $0.0001 par value per share |
|
LQR |
|
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
Item 8.01 Other
Events.
On December 13, 2024,
LQR House Inc. (the “Company”) issued a press release announcing that it intends to change its ticker symbol from “LQR” to “YHC”,
effective on December 16, 2024. A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K.
The information contained
in this Current Report on Form 8-K, including Exhibit 99.1 hereto, is being furnished and shall not be deemed “filed” for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject
to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933,
as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
LQR HOUSE INC. |
|
|
|
Dated: December 17, 2024 |
By: |
/s/ Sean Dollinger |
|
Name: |
Sean Dollinger |
|
Title: |
Chief Executive Officer |
Exhibit 99.1
LQR House Inc. Announces Change of Ticker Symbol
From “LQR” to “YHC” Effective December 16, 2024
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 experience
in capital markets and a strategic focus on driving profitability. Their backgrounds include leadership roles in prominent organizations
such as Cantor Fitzgerald Capital Market in Hong Kong and Goldman Sachs, positioning them to unlock new growth opportunities
for LQR House through their expertise and extensive investor networks, particularly in Asia.
The new ticker, “YHC”, translates to “one
bottle” in their native language, symbolizing the Company’s ongoing commitment to uniting cultures and communities through
the shared experience of spirits.
Sean Dollinger, Chief Executive Officer of LQR House, commented,
“While we’ve always loved the “LQR” ticker symbol, our priority is creating long-term value for our shareholders.
We believe it’s essential to follow the strategic guidance of our newest board members, who bring significant expertise and connections
in Asian capital markets. This change is bittersweet for me, but I’m confident it represents the fresh perspective and momentum
the Company needs to grow and garner the attention it truly deserves.”
LQR House’s move to rebrand its ticker symbol underscores its
commitment to aligning its identity with a forward-looking strategy focused on global engagement, innovative e-commerce solutions, and
expanding its presence in key markets.
About LQR House Inc.
LQR House intends to become a prominent force
in the wine and spirits e-commerce sector, epitomized by its flagship alcohol marketplace, CWSpirits.com. This platform seamlessly delivers
a diverse range of emerging, premium, and luxury spirits, wines, and champagnes from esteemed retail partners like Country Wine &
Spirits. Functioning as a technology-driven hub, LQR House utilizes software, data analytics, and artificial intelligence to elevate the
consumer experience. CWSpirits.com stands out as the go-to destination for modern, convenience-oriented shoppers, providing a curated
selection of alcohol products delivered to homes across the United States. Beyond its role in the e-commerce sector, LQR House is a marketing
agency with a specialized focus on the alcohol industry. The Company measures campaign success by directly correlating it with sales on
CWSpirits.com, demonstrating a return on investment. Backed by an influential network of over 550 figures in the alcohol space, LQR House
strategically drives traffic to CWSpirits.com, enhancing brand visibility. LQR House intends to disrupt the traditional landscape of the
alcohol industry, driven by its dedication to providing an unparalleled online purchasing experience and delivering tailored marketing
solutions.
Forward-Looking Statements
Certain statements in this announcement are forward-looking
statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current
expectations and projections about future events that the Company believes may affect its financial condition, results of operations,
business strategy and financial needs. Shareholders can identify these forward-looking statements by words or phrases such as “may,”
“will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,”
“believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. Forward-looking
statements contained in this press release are made only as of the date of this press release. The Company undertakes no obligation to
update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations
that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including,
but not limited to, the uncertainties related to market conditions, and other factors discussed in the “Risk Factors” section
of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and in other reports and documents that
the Company files from time to time with the United States Securities and Exchange Commission (the “SEC”). You are urged to
carefully review and consider any cautionary statements and other disclosures, including the statements made under the headings “Risk
Factors”. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot
assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially
from the anticipated results and encourages investors to review other factors that may affect its future results described in the Company’s
Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and in other reports and documents that the Company files from
time to time with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review
at www.sec.gov. References and links to websites have been provided as a convenience, and the information contained on such websites has
not been incorporated by reference into this press release.
Investor and Media Contact:
info@lqrhouse.com
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