sur LQR House (NASDAQ:LQR)
LQR House CEO and Stockholders Sign Lock-Up Agreement
LQR House Inc., a niche e-commerce platform for the spirits and beverage industry, announced that two stockholders, including its CEO, signed a 12-month lock-up agreement. This agreement covers 209,543 shares of the company's common stock and any future shares acquired during this period, representing about 0.6% of its outstanding shares. The lock-up aims to foster a stable trading environment, with restrictions on share sales lasting until January and March 2026, respectively.
CEO Sean Dollinger acknowledged challenges as a microcap stock on Nasdaq but emphasized resilience and innovation. The company continues to expand through its flagship platform, CWSpirits.com, and focuses on data-driven marketing and proprietary technology to lead in alcohol e-commerce.
R. E.
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