LQR House received a notification from Nasdaq on August 12, 2024, indicating non-compliance with the minimum bid price requirement of $1.00 per share. The company's stock failed to maintain the required minimum closing bid price for 30 consecutive business days from June 28 through August 9, 2024.The company has been granted an initial 180-day compliance period until February 10, 2025, to regain compliance. If unsuccessful, LQR House may be eligible for an additional 180-day extension, provided it meets other Nasdaq Capital Market listing requirements and commits to implementing a reverse stock split if necessary.While the notice has no immediate impact on LQR House's Nasdaq listing under the symbol "LQR", failure to regain compliance could result in delisting, subject to appeal rights. The company is currently evaluating options to address the deficiency, though compliance cannot be guaranteed.

LQR House received a notification from Nasdaq on August 12, 2024, indicating non-compliance with the minimum bid price requirement of $1.00 per share. The company's stock failed to maintain the required minimum closing bid price for 30 consecutive business days from June 28 through August 9, 2024.The company has been granted an initial 180-day compliance period until February 10, 2025, to regain compliance. If unsuccessful, LQR House may be eligible for an additional 180-day extension, provided it meets other Nasdaq Capital Market listing requirements and commits to implementing a reverse stock split if necessary.While the notice has no immediate impact on LQR House's Nasdaq listing under the symbol "LQR", failure to regain compliance could result in delisting, subject to appeal rights. The company is currently evaluating options to address the deficiency, though compliance cannot be guaranteed.