Cash Position
The company is cashflow positive based on quarterly cash flow of 0.00
Commentary on Financial Condition
LQR House Inc. is facing significant financial challenges, with substantial doubts about its ability to continue as a going concern due to ongoing net losses and negative cash flows from operations. The company has not generated profits since inception and requires additional capital to sustain operations, having raised $9.23 million through stock issuances in the first quarter of 2025. Despite these efforts, the company anticipates continued losses and is exploring strategies to improve gross margins and profitability. The company's ability to continue for the next twelve months depends on generating sufficient cash flows or obtaining additional capital, with no assurance of success in these efforts., Filed At: 2025-05-13
Former Symbols
LQRYHC
Nasdaq Compliance
Date
Deficiency
Market
Status
Notes
Previous Splits
Date
Split
4/21/2025
35 to 1
3/4/2024
1 to 1.5
11/30/2023
60 to 1
Pending Offering
Title | Details | Offering Amt | Shr Amt | Share Price | Warrants | Bank | Date | Type | |
|---|---|---|---|---|---|---|---|---|---|
WITHDRAWN - 1-A OFFERING | WITHDRAWN The shares include those issued for the acquisition of SWOL Assets and Soleil Vino Assets, as well as shares issued in exchange for marketing agreements with Country Wine & Spirits Inc. and services provided by a consultant of the Company. Some shares were also issued from the conversion of Restricted Share Units. | $20.00 M | 1.53 M | - | - | Dalmore Group LLC | Jan 25, 2022 | 1-A |
Shelf
Title | Raisable Amt | Offering Amt | Amt Sold Last 12 Mos | Float | 60 Day High | Price to Exceed Baby Shelf | Float Value | Exp Date | Effective date | |
|---|---|---|---|---|---|---|---|---|---|---|
September 2024 SHELF & ATM | $86,811,094.00 | $100.00 M | 0 | 1.04 M | 91 | 71.98 | 94.81 M | 9/23/2027 | 9/23/2024 |
ATM
Title | ATM Remaining | Offering Amt | Exp Date | Shr Amt | Bank | Date | Type | |
|---|---|---|---|---|---|---|---|---|
May 2025 ATM | Amount sold to date: $13,188,350 | $13,188,350.00 | $25.00 M | - | - | H.C. Wainwright & Co. | May 12, 2025 | 424B5 | |
February 2025 ATM | $13,188,350.00 | $11.53 M | - | - | H.C. Wainwright & Co. | Feb 14, 2025 | 424B5 | |
December 2024 ATM | $13,188,350.00 | $2.44 M | - | - | H.C. Wainwright & Co. | Dec 19, 2024 | 424B5 | |
September 2024 SHELF & ATM | $13,188,350.00 | $100.00 M | 9/23/2027 | - | - | Sep 13, 2024 | S-3 |
Warrants
Title | Registered | Remaining Warrants | Ex Price | Cost Basis | Total Warrants | Owners | Bank | Price Protection | Details | Exercisable Date | Expiration Date | Filed Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
January 2025 - David Lazar Warrants | Not Registered | - | $19.25 | - | 311,688 | David E. Lazar | - | Dec 30, 2029 | Jan 3, 2025 |
Completed Offerings
Title | Offering Amt | Shr Amt | Share Price | Warrants | Bank | Owners | Date | Type | |
|---|---|---|---|---|---|---|---|---|---|
WARRANT EXERCISE | $4.05 M | 210.46 k | $19.25 | - | - | - | Apr 2, 2025 | 8-K | |
ATM USED | $5.01 M | 394.75 k | $12.60 | - | HC Wainwright | - | Mar 28, 2025 | ||
ATM USED | $1.66 M | - | - | - | HC Wainwright | - | Feb 14, 2025 | ||
PRIVATE PLACEMENT | $350.02 k | 18.18 k | $19.25 | - | n/a | n/a | Jan 3, 2025 | 8-K | |
PRIVATE PLACEMENT | $3.00 M | 155.84 k | $19.25 | 311.69 k | N/A | David E. Lazar | Dec 30, 2024 | 8-K | |
ACQUISITION | $0.00 | 21.43 k | - | - | - | - | May 19, 2024 | 8-K | |
REGISTERED OFFERING (UNDERWRITTEN) | $11.00 M | 74.83 k | $147.00 | 0.00 | EF Hutton | - | Nov 10, 2023 | 8-K | |
REGISTERED OFFERING (UNDERWRITTEN) | $5.40 M | 13.53 k | $399.00 | 0.00 | Benchmark, EF Hutton | - | Oct 13, 2023 | 8-K | |
IPO | $5.00 M | 476.20 | $10,500.00 | 0.00 | EF Hutton | - | Aug 10, 2023 | 8-K |