share_log

424B5: Prospectus

SEC ·  Dec 19 19:09

Summary by Futu AI

LQR House Inc. has filed a prospectus supplement to amend its At The Market (ATM) offering agreement with H.C. Wainwright & Co., LLC. The amendment updates the maximum amount of shares eligible for sale under General Instruction I.B.6 of Form S-3, allowing the company to offer and sell common stock with an aggregate offering price of up to $2,441,364.As of December 18, 2024, LQR House's aggregate market value of common stock held by non-affiliates was $11,700,044, based on 7,177,941 shares at $1.63 per share. The company has already sold $1,458,651 of shares in the past 12 months under Form S-3. LQR House remains subject to the offering limits of Form S-3, which restrict sales to one-third of its public float in any 12-month...Show More
LQR House Inc. has filed a prospectus supplement to amend its At The Market (ATM) offering agreement with H.C. Wainwright & Co., LLC. The amendment updates the maximum amount of shares eligible for sale under General Instruction I.B.6 of Form S-3, allowing the company to offer and sell common stock with an aggregate offering price of up to $2,441,364.As of December 18, 2024, LQR House's aggregate market value of common stock held by non-affiliates was $11,700,044, based on 7,177,941 shares at $1.63 per share. The company has already sold $1,458,651 of shares in the past 12 months under Form S-3. LQR House remains subject to the offering limits of Form S-3, which restrict sales to one-third of its public float in any 12-month period while the float remains below $75.0 million.The company's common stock trades on the Nasdaq Capital Market under the symbol "YHC". LQR House may file additional prospectus supplements if its public float increases, allowing for larger offerings under the ATM Agreement. Investors are advised to consider the risk factors outlined in the ATM Prospectus before investing.

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