LQR House announces that both the Board of Directors have approved an up to 60-for-1 reverse stock split of the Company’s common stock. The reverse split is pending approval from NASDAQ, and upon receiving approval, the Company will issue a news release announcing the effective date. The split will also apply to Company common stock issuable upon the exercise of the Company’s outstanding stock options and warrants. No fractional shares will be issued; instead, any fractional entitlements will be rounded down to the next highest whole number.
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