LQR House received a notice from the Nasdaq Capital Market informing the Company that it regained compliance with the bid price requirements under Nasdaq Listing Rules. In its letter Nasdaq also confirmed that LQR House is in compliance with all the applicable listing standards for continued Nasdaq listing. To meet the requirements outlined in Nasdaq Listing Rule 5550(a)(2), the Company diligently maintained a minimum closing bid price of $1.00 or more for 10 consecutive trading days. This milestone was reached on December 13, 2023, underscoring LQR House’s commitment to sustaining positive market performance.
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