other material
confidence high
sentiment positive
materiality 0.60
LQR House authorizes $2M stock buyback, partners with Gold Standard Media
LQR House Inc.
- Board authorized repurchase of up to $2.0M of common stock; program expected to start on or about Sept 8, 2023.
- Engaged Dominari Securities LLC to execute buybacks via open-market and privately negotiated purchases.
- Announced marketing partnership with Gold Standard Media for affiliate marketing, social media, and mobile advertising.
- Buyback may be suspended or discontinued at any time; financing from existing cash balances.