Lazar Files 13D/A Amendment for LQR House Inc.

TL;DR

LAZAR AMENDED 13D FOR LQR HOUSE INC. - OWNERSHIP CHANGE.

AI Summary

David E. Lazar has filed an amendment (Amendment No. 1) to his Schedule 13D for LQR House Inc., reporting a change in beneficial ownership as of November 21, 2024. The filing indicates a shift in control or holdings related to LQR House Inc. common stock.

Why It Matters

This filing signals a potential change in the ownership structure or strategic direction of LQR House Inc., which could impact its stock price and future operations.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate significant stake acquisitions or changes, which can lead to increased volatility and strategic shifts.

Key Players & Entities

• LQR House Inc. (company) — Subject company
• David E. Lazar (person) — Filing person

FAQ

Key Financial Figures

• $0.0001 — nc . (Name of Issuer) Common Stock, $0.0001 par value (Title of Class of Securiti
• $1,300,000 — Shares under the purchase agreement is $1,300,000. The purchase agreement was subject to
• $800,000 — Shares under the purchase agreement is $800,000. The purchase agreement was subject to

Filing Documents

• lqrhouseinc_sc13da.htm (SC 13D/A) — 40KB
• 0001829126-24-007808.txt ( ) — 41KB

(a)-(c) is hereby amended

Item 5(a)-(c) is hereby amended and restated as follows: The aggregate percentage of Shares reported owned by each person named herein is based upon 7,029,326 shares of Common Stock outstanding as of November 14, 2024, which is the total number of Shares reported outstanding in the Issuer’s most recent Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on November 14, 2024. A . Reporting Person (a) As of the close of business on November 25, 2024, the Reporting Person did not beneficially own any Shares. Percentage: Approximately 0% (b) 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 0 (c) The transactions in the Shares by the Reporting Person during the past sixty days are set forth in more detail in Item 6. (d) No person other than the Reporting Person is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the Shares. (e) On November 21, 2024, the Reporting Person ceased to beneficially own 5% of the Shares. Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer .

is hereby amended to

Item 6 is hereby amended to add the following: On November 21, 2024, the Reporting Person entered into a Securities Purchase Agreement with the purchaser named therein, pursuant to which the Reporting Person agreed to sell to such purchaser all of his right and interest in 821,818 shares of Common Stock of the Issuer. The aggregate purchase price paid by the purchaser for the 821,818 Shares under the purchase agreement is $1,300,000. The purchase agreement was subject to the satisfaction of certain closing conditions, including the delivery of the purchase price into escrow, and contains customary representations, warranties and agreements of the Reporting Person and the purchaser, indemnification rights and other obligations of the parties. On November 25, 2024, the Reporting Person entered into a Securities Purchase Agreement with the purchaser named therein, pursuant to which the Reporting Person agreed to sell to such purchaser all of his right and interest in 280,000 shares of Common Stock of the Issuer. The aggregate purchase price paid by the purchaser for the 280,000 Shares under the purchase agreement is $800,000. The purchase agreement was subject to the satisfaction of certain closing conditions, including the delivery of the purchase price into escrow, and contains customary representations, warranties and agreements of the Reporting Person and the purchaser, indemnification rights and other obligations of the parties. 3

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: November 25, 2024 /s/ David E. Lazar DAVID E. LAZAR 4

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