LQR House Inc. (YHC): Nasdaq/NYSE listing notice — LQR House receives Nasdaq delisting notice; requests hearing to stay

LQR House Inc.

Nasdaq determined to delist LQR common stock due to bid price at or below $0.10 for 10 consecutive trading days.
Company received the delisting notice on November 22, 2023 and requested a hearing before the Nasdaq Hearings Panel.
Hearing request automatically stays the delisting pending a Panel decision.
No assurance that a favorable decision will be obtained from the Panel.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

LQR House Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5810(c)(3)(A)(iii)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: minimum bid price
Rules: 5810(c)(3)(A)(iii)

Exact text from the filing

November 22, 2023, LQR House, Inc. (the “Company”) received a letter from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) therein stating that as of November 21 2023, the Company’s securities had a closing bid price of $0.10 or less for ten consecutive trading days in contravention of Nasdaq Listing Rule 5810(c)(3)(A)(iii) and therefore, the staff at Nasdaq has determined to delist the Company’s common stock from The Nasdaq Capital Market. However, the Company has requested a hearing before the Nasdaq Hearings Panel (the “Panel”) and as a result, the delisting

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LQR House Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-090284

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