LQR House raises $6.52 million in registered direct offering

LQR House Inc. (NASDAQ: YHC) announced it entered into securities purchase agreements for a registered direct offering of 7,249,972 shares of common stock at $0.90 per share, generating gross proceeds of approximately $6.52 million before deducting placement agent commissions and other offering expenses.

The offering involves new and existing investors along with certain directors and officers of the company. The closing is expected to occur on or about December 19, 2025, subject to customary closing conditions.

The Miami Beach-based company operates an ecommerce platform specializing in spirits and beverages. The company plans to use net proceeds to repay certain amounts owed in connection with existing settlement obligations and related litigation fees and expenses, with any remaining balance allocated to working capital and general corporate purposes.

A.G.P./Alliance Global Partners serves as the sole placement agent for the offering.

The offering is conducted pursuant to an effective shelf registration statement on Form S-3 that became effective on September 20, 2024. A prospectus supplement and accompanying prospectus relating to the registered direct offering will be filed with the Securities and Exchange Commission.

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