other material
confidence high
sentiment neutral
materiality 0.70
LQR House closes $5.4M public offering of 28.4M shares at $0.19/share
LQR House Inc.
- Gross proceeds of $5.4M from 28,421,053 shares at $0.19/share; net proceeds ~$4.97M.
- Underwriters received 5-year warrants to buy 1,421,053 shares at $0.19/share.
- Proceeds for ecommerce consulting, brand acquisitions, marketing, executive comp, and working capital.
- Offering closed Oct 16, 2023; EF Hutton acted as sole book-running manager.