LQR House, which provides digital marketing and branding services to the alcohol industry, raised $5 million by offering 1 million shares at $5, the midpoint of the $4 to $6 range.
LQR House provides digital marketing and brand development to the alcoholic beverage space. The company currently has a partnership with Country Wine & Spirits (CWS), through which LQR holds the rights for all marketing elements for CWS, while CWS' exclusive influencer network serves as affiliates for LQR. Along with its marketing activities, LQR has developed premium limited batch spirit brands and established a wine club. LQR does not engage in the sale or distribution of any alcoholic products.
LQR House plans to list on the Nasdaq under the symbol LQR. EF Hutton acted as sole bookrunner on the deal.
