LQR House Inc. 8-K

What Happened

• LQR House Inc. filed an 8-K (Item 8.01) on July 2, 2026 reporting that it sold a total of 76,350,000 shares of its common stock under a Sales Agreement with A.G.P./Alliance Global Partners. The company previously entered the Sales Agreement (under an effective registration statement) as disclosed in its March 12, 2026 filings.
• On June 30, 2026 the company sold 57,100,000 shares at $0.1063 per share (approximately $6.07 million gross). On July 1, 2026 it sold 19,250,000 shares at $0.0539 per share (approximately $1.04 million gross). Combined gross proceeds from these sales were about $7.11 million, before commissions and offering expenses.

Key Details

• Sales agent: A.G.P./Alliance Global Partners under the previously disclosed Sales Agreement.
• Shares sold: 57,100,000 (6/30/2026) and 19,250,000 (7/1/2026); total 76,350,000 shares.
• Prices & proceeds: $0.1063/share ($6.07M) and $0.0539/share ($1.04M); total gross proceeds ≈ $7.11M (before agent commissions and other offering expenses).
• Share count: 21,533,546 shares outstanding immediately before the sales; 97,883,546 shares outstanding immediately after the July 1, 2026 sales.

Why It Matters

• The transactions materially increased the company’s outstanding share count (from ~21.5M to ~97.9M), diluting existing shareholders’ ownership percentages.
• The company raised roughly $7.11M in gross cash proceeds (net will be lower after commissions and expenses), which affects the company’s available capital and liquidity position. Investors should factor the increased share base into per‑share metrics and valuation comparisons.