LQR House acquires 54% of Fusion Five Continents Securities; target shows going-concern doubt

LQR House Inc.

Acquired 24% on Apr 24, 2026 and 30% on Jun 1, 2026, totaling 54% of Fusion Five Continents Securities Limited.
Target posted net loss of $74,562 for FY2026 (ended Mar 31, 2026) and shareholders' deficit of $72,748.
Auditor cites substantial doubt about target's ability to continue as going concern due to working capital and accumulated deficit.
FY2026 revenue was $20,561 from brokerage commission/platform income; gross loss of $19,619.
Purchase price not disclosed; audited financials and pro forma combined statements filed as exhibits.

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