LQR House (LQR) Implements Strategic Cost-Cutting
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LQR House Inc. Implements Strategic Cost-Cutting Measures Under Activist Investor David Lazar's Leadership
October 21, 2024 8:34 AM EDTMIAMI BEACH, FL / ACCESSWIRE / October 21, 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 its first major strategic updates under the guidance of David Lazar, the Company's newly appointed Director and President. In an effort to reduce the Company's costs and refocus its resources, LQR House will be shutting down its NFT platform, RareSips, and ending its partnership with Bevage LLC.
David Lazar believes that the NFT platform RareSips no longer aligns with the... More
