Stocks
LQR House Inc. Announces 1-for-100 Reverse Stock Split
MIAMI BEACH, Fla., July 09, 2026--LQR House Inc. (the "Company" or "LQR House") (NASDAQ:YHC), a niche ecommerce platform specializing in the spirits and beverage industry, today announced that the Company’s Board of Directors (the "Board") approved a reverse stock split (the "Reverse Stock Split") of LQR House’s shares of Common Stock, par value $0.0001 per share (the "Common Stock"), at a ratio of 1-for-100 (the "Reverse Stock Split Ratio"). The Company filed its Certificate of Amendment to the
About this update from Lqr House Inc.
MIAMI BEACH, Fla., July 09, 2026--(BUSINESS WIRE)--LQR House Inc. (the "Company" or "LQR House") (NASDAQ:YHC), a niche ecommerce platform specializing in the spirits and beverage industry, today announced that the Company's Board of Directors (the "Board") approved a reverse stock split (the "Reverse Stock Split") of LQR House's shares of Common Stock, par value $0.0001 per share (the "Common Stock"), at a ratio of 1-for-100 (the "Reverse Stock Split Ratio"). The Company filed its Certificate of Amendment to the Certificate of Incorporation (the "Certificate of Amendment") with the Secretary of State of Delaware on July 9, 2026, to implement the Reverse Stock Split. The Reverse Stock Split is expected to become effective at 12:01 a.m. Eastern Time on July 13, 2026 (the "Effective Time"), and LQR House's Common Stock is expected to begin trading on the Nasdaq Capital Market (the "Nasdaq") on a split-adjusted basis at the opening of trading on July 13, 2026, under the existing ticker symbol "YHC". As disclosed in the Company's Current Report on Form 8-K filed on March 6, 2026, the Company's stockholders approved an amendment to the Company's Certificate of Incorporation at the special meeting of the stockholders held on March 2, 2026, authorizing one or more reverse stock splits of the Company's common stock at a ratio in the range of 1-for-40 to 1-for-800, with the ratio, implementation and timing to be determined by the Board in its sole discretion. The Board subsequently determined to effect the Reverse Stock Split at a ratio of 1-for-100. The primary goal of the Reverse Stock Split is to increase the per share market price of the Common Stock to regain compliance with the minimum $1.00 average closing price requirement for continued listing on the Nasdaq. At the Effective Time, every one hundred (100) issued and outstanding shares of Common Stock will be automatically combined and converted into one (1) share of Common Stock. The Reverse Stock Split will not reduce the number of authorized shares of Common Stock and will not change the par value of the Common Stock. The Reverse Stock Split will affect all stockholders uniformly and will not affect any stockholder's ownership percentage of the Company's shares of Common Stock, except to the extent that the Reverse Stock Split would result in fractional shares being rounded up at the participant level. Th...