LQR House receives Nasdaq delisting notice for bid price below $1.00 for 30 days

LQR House Inc.

Nasdaq notified LQR House on Aug 12, 2024 that common stock bid price closed below $1.00 for 30 consecutive business days through Aug 9, 2024.
Company has 180 calendar days (until Feb 10, 2025) to regain compliance with Nasdaq Listing Rule 5550(a)(2).
An additional 180-day period may be available if certain listing standards are met and a reverse stock split is pursued.
No immediate effect on listing; shares continue trading on Nasdaq Capital Market under ticker LQR.
Failure to cure may result in delisting; company is evaluating options including a potential reverse stock split.

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