---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-088992"
form_type: "8-K"
ticker: "YHC"
cik: "0001843165"
company_name: "LQR House Inc."
filed_at: "2024-10-18T23:59:59+00:00"
generated_at: "2026-05-30T12:49:22.958649+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# LQR House secures $3M activist investment, appoints David Lazar President; settles $7.5M liabilities

## Summary
- David Lazar to invest $3M at $0.55/share for 5,454,545 shares and a 5-year warrant for 10,909,090 shares.
- Lazar appointed President and Board member; Avraham Ben-Tzvi also appointed to Board.
- Jay Dhaliwal resigned from Board effective Oct 14, 2024; departure not due to disagreement.
- Proceeds used to pay $7.495M in settlements with vendors, employees, officers, and directors.
- First tranche of $606,000 closed Oct 16; final closing requires shareholder approval.

## SEC filing metadata
- accession: 0001213900-24-088992
- form_type: 8-K
- ticker: YHC
- cik: 0001843165
- company_name: LQR House Inc.
- filed_at: 2024-10-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1843165/000121390024088992/0001213900-24-088992-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843165/000121390024088992/ea0217961-8k_lqrhouse.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-088992
- JSON: https://secwatch.observer/filing/0001213900-24-088992.json
- Plain text: https://secwatch.observer/filing/0001213900-24-088992.txt

## Key facts
- Executive change
  David Lazar was appointed as director at LQR House Inc..
  - Action: appointed
  - Role: director
  source text: the current members of the Board approved an increase in the size of the Board and appointed David Lazar and Avraham Ben-Tzvi to the Board effective as of October 15, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843165/000121390024088992/0001213900-24-088992-index.htm
- Executive change
  Avraham Ben-Tzvi was appointed as director at LQR House Inc..
  - Action: appointed
  - Role: director
  source text: the current members of the Board approved an increase in the size of the Board and appointed David Lazar and Avraham Ben-Tzvi to the Board effective as of October 15, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843165/000121390024088992/0001213900-24-088992-index.htm
- Executive change
  Jay Dhaliwal resigned as member of the Board at LQR House Inc..
  - Action: resigned
  - Role: member of the Board
  source text: Jay Dhaliwal informed the Board of Directors of the Company (the “Board”) of his resignation as a member of the Board effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843165/000121390024088992/0001213900-24-088992-index.htm
- Executive change
  David Lazar was appointed as President at LQR House Inc..
  - Action: appointed
  - Role: President
  source text: the current members of the Board appointed David Lazar to serve as the President of the Company effective October 15, 2024 until his earlier resignation or removal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843165/000121390024088992/0001213900-24-088992-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.