Summary by Futu AI
LQR House Inc. (LQR), a prominent player in the wine and spirits e-commerce sector, has filed a registration statement with the Securities and Exchange Commission (SEC) on September 13, 2024, for an At The Market Offering Agreement with H.C. Wainwright & Co., LLC. The agreement allows LQR to offer and sell up to $1,459,000 of its common stock. The sales are to be made through H.C. Wainwright & Co., LLC, acting as a sales agent, and will be conducted as 'at the market offerings' as defined by SEC Rule 415(a)(4). LQR's common stock is listed on the Nasdaq Capital Market under the symbol 'LQR.' The company plans to use the net proceeds from the offering for capital expenditures, potential acquisitions, marketing activities, working capital, and other general corporate purposes. The offering is subject to market conditions, and there is no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.