LQR House Inc. Files 8-K for Material Agreement
Ticker: YHC · Form: 8-K · Filed: Jun 13, 2024 · CIK: 1843165
| Field | Detail |
|---|---|
| Company | Lqr House Inc. (YHC) |
| Form Type | 8-K |
| Filed Date | Jun 13, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $2.50, $4,800,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, 8-k, filing
TL;DR
LQR House Inc. signed a material definitive agreement on June 7th, filing an 8-K on June 13th.
AI Summary
LQR House Inc. filed an 8-K on June 13, 2024, reporting a material definitive agreement entered into on June 7, 2024. The filing also includes Regulation FD disclosures and financial statements/exhibits. The company is incorporated in Nevada and its principal executive offices are located in Miami Beach, Florida.
Why It Matters
This 8-K filing indicates LQR House Inc. has entered into a significant agreement, which could impact its business operations and financial standing.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that are not yet fully understood.
Key Players & Entities
- LQR House Inc. (company) — Registrant
- June 7, 2024 (date) — Date of earliest event reported
- June 13, 2024 (date) — Filing date
- Miami Beach, Florida (location) — Principal executive offices
FAQ
What type of material definitive agreement did LQR House Inc. enter into?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on June 7, 2024.
When was this 8-K filing submitted to the SEC?
The 8-K filing was submitted on June 13, 2024.
Where are LQR House Inc.'s principal executive offices located?
LQR House Inc.'s principal executive offices are located at 6800 Indian Creek Dr. Suite 1E, Miami Beach, Florida 33141.
What is LQR House Inc.'s IRS Employer Identification Number?
LQR House Inc.'s IRS Employer Identification Number is 86-1604197.
What is the SIC code for LQR House Inc.?
The Standard Industrial Classification (SIC) code for LQR House Inc. is 2080 (BEVERAGES).
Filing Stats: 646 words · 3 min read · ~2 pages · Grade level 9.2 · Accepted 2024-06-13 16:52:22
Key Financial Figures
- $0.0001 — nge on which registered Common Stock, $0.0001 par value per share LQR The Nasdaq
- $2.50 — of DRNK's common stock at a price of USD$2.50 per share for an aggregate amount of US
- $4,800,000 — per share for an aggregate amount of USD$4,800,000. The foregoing summary does not purpor
Filing Documents
- ea0207673-8k_lqrhouse.htm (8-K) — 28KB
- ea020767301ex10-1_lqrhouse.htm (EX-10.1) — 248KB
- ea020767301ex99-1_lqrhouse.htm (EX-99.1) — 12KB
- ex10-1_001.jpg (GRAPHIC) — 402KB
- ex10-1_002.jpg (GRAPHIC) — 292KB
- ex10-1_003.jpg (GRAPHIC) — 315KB
- ex10-1_004.jpg (GRAPHIC) — 288KB
- ex10-1_005.jpg (GRAPHIC) — 204KB
- ex99-1_001.jpg (GRAPHIC) — 2KB
- 0001213900-24-052477.txt ( ) — 2578KB
- lqr-20240607.xsd (EX-101.SCH) — 3KB
- lqr-20240607_lab.xml (EX-101.LAB) — 33KB
- lqr-20240607_pre.xml (EX-101.PRE) — 22KB
- ea0207673-8k_lqrhouse_htm.xml (XML) — 4KB
01 Entry into
Item 1.01 Entry into a Material Definitive Agreement. On June 7, 2024, LQR House Inc. (the "Company") and DRNK Beverage Corp. (the "DRNK") consummated an acquisition of approximately 8.58% of common shares of the DRNK by the Company pursuant to that certain Subscription Agreement ("Agreement"), dated June 7, 2024, by and between the Company and DRNK. Pursuant to the Agreement, the Company subscribed for and purchased from DRNK 1,920,000 shares of DRNK's common stock at a price of USD$2.50 per share for an aggregate amount of USD$4,800,000. The foregoing summary does not purport to be complete and is qualified in its entirety by the Agreement, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference. 1
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On June 10, 2024, the Company issued a press release announcing the acquisition of approximately 8.58% common shares of DRNK. A copy of the release is furnished as Exhibit 99.1 and incorporated herein by reference. The information under Item 7.01 of this Form 8-K and the Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, or incorporated by reference into any of the Company's filings under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing.
01. Financial Statements and
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Form of the Subscription Agreement between the Company and DRNK dated June 7, 2024 99.1 Press release of the Company dated June 10, 2024 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LQR HOUSE INC. Dated: June 13, 2024 By: /s/ Sean Dollinger Name: Sean Dollinger Title: Chief Executive Officer 3