LQR House Inc.

LQR House Inc. (LQR) priced its initial public offering on Aug 10, 2023 at $5.00 per share, within its $4.00–$6.00 range, raising $5M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $55.8M. EF Hutton was lead-left underwriter, joined by Benchmark. Sherman & Howard advised the company and Carmel, Milazzo & Feil advised the underwriters.

LQR House Inc. aims to be a full-service digital marketing and brand development company for alcoholic beverages. Under an exclusive agreement through 2031, it promotes and markets spirits and related products through the Country Wine & Spirits website and social media.

Status

IPO

Ticker

LQR

Exchange

Nasdaq Capital Market

Priced

Aug 10, 2023

IPO price

$5.00

Price range

$4.00–$6.00

Raised

$5M

Market cap at IPO price

$55.8M

First filed

Jun 15, 2023

Underwriters

EF Hutton and Benchmark

Company counsel

Sherman & Howard

Underwriters' counsel

Carmel, Milazzo & Feil

Sector

Consumer

Country / state

FL

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.