LQR House to acquire NZ brokerage Fusion Five Continents for ~$126.9M; appoints two new directors

LQR House Inc.

Acquires 24% initially for $28.08M in USDT; remaining 76% for $98.8M in USDT, subject to regulatory approval.
Target is Fusion Five Continents Securities, a NZ brokerage enabling securities trading with stablecoin deposits.
Board appoints Yuting 'Tina' Luo and Hoi Ho George Wong as independent directors; $48k yearly cash fee each.
Initial closing by April 24, 2026; second closing after regulatory approvals; payment in Tether (USDT).

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