LQR House Inc. is engaged in the supply, sales, and distribution in the alcoholic beverage market. The Company acquires, builds, markets, and distributes premium brands through online networks. Its brand includes Soleil Vino and SWOL Tequila. Under, the Company provides tiered memberships that allows customers to customize their preferences. SWOL Tequila offers three types of bottle bottles, namely anejo, cristalino, and peach. The limited edition anejo Tequila is a special release of 10,000 bottles. One of its sales channels consists of an e-commerce platform CWSpirits.com. The Company also operates seven CWS locations across San Diego.
LQR House Inc. Announces 1-for-100 Reverse Stock Split
LQR House Inc. (YHC) announced a 1-for-100 reverse stock split, effective July 13, 2026, to regain compliance with Nasdaq’s $1.00 minimum bid price requirement.
The split will reduce the number of outstanding shares from approximately 130.4 million to 1.3 million, with fractional shares rounded up to the nearest whole number.
This extreme ratio signals significant distress regarding the company’s ability to maintain its listing, as it implies the pre-split price was likely well below $0.01.