LQR House Inc.

General Information
Business:

We provide marketing services for alcoholic beverage brands. (Incorporated in Nevada)

Our company, LQR House Inc., intends to become the full-service digital marketing and brand development face of the alcoholic beverage space.

LQR House has a key partnership with Country Wine & Spirits Inc. (“CWS”). Under an Exclusive Marketing Agreement dated April 1, 2021, among CWS, Ssquared Spirits, LLC and us, CWS has granted us the exclusive right, until April 1, 2031, to promote and market spirits, other beverage products and related products, including but not limited to branded merchandise, apparel, glassware and the like, through the CWS website and other social media channels for sale to customers with billing and shipping addresses within Canada, Mexico and the United States. At this time, the Company does not service customers in Canada and Mexico. The Marketing Agreement also gives us  the sole right to manage and make decisions with regard to user-facing content on the CWS website (www.cwspirits.com), including the placement and removal of products and the creation and management of promotional initiatives. LQR House Inc. is responsible for all digital marketing of products offered on CWS’s platform (the “CWS Platform”), including social media marketing and cooperation with their influencer network. Ssquared is responsible for inventory management on the CWS Platform and ensuring that the site is always live and accessible to the customers. CWS facilitates importation of alcohol (in cooperation with Rilo Import & Export Inc. (“Rilo”)), fulfilment, and distribution of all products sold on the CWS Platform.

The following products and services constitute the core elements of our business model and allow us to serve various types of customers in the alcohol industry, including individual consumers, wholesalers, and third-party alcohol brands:

 – SWOL Tequila, a limited-edition blend of Anejo Tequila made in exclusive batches of up to 10,000 bottles. This represents the first installment under our “SWOL” trademark with application number 2345291 and registration number 2141431 which was originally owned by Dollinger Innovations and transferred over to us pursuant to the Tequila Asset Purchase Agreement. Pursuant to the  Tequila Asset Purchase Agreement, we purchased all of the right, title and interest in the trademarks SWOL and all associated trade dress and intellectual property rights and all labels, logos and other branding bearing the SWOL marks or any mark substantially similar to the same. Tequila bearing the “SWOL” trademark is produced by Casa Cava de Oro S.A., an authentic tequila distillery in Jalisco, Mexico, imported into the United States through Rilo by CWS (Country Wide Services) and sold to retail customers in the United States via the CWS Platform and in CWS’s physical locations.

-Vault, the exclusive membership program for the CWS Platform.

-Soleil Vino, a wine subscription service marketed on the CWS Platform.

-LQR House Marketing is a marketing service in which we utilize our marketing expertise to help our wholly owned brands and third-party clients market their products to consumers. For example, by engaging us for our marketing services, our clients gain the ability to advertise and sell their brand on the CWS Platform.

*Note: Revenue and net loss figures are for the 12 months that ended March 31, 2023.

(Note: LQR House Inc. priced its micro-cap IPO on Aug. 9, 2023, in sync with the terms in its prospectus: 1.0 million shares at $5.00 – the mid-point of its $4.00-to-$6.00 price range – to raise $5.0 million. Background: LQR House Inc. filed its S-1 on June 15, 2023, and disclosed terms for its micro-cap IPO: 1.0 million shares at $4.00 to $6.00 to raise $5.0 million.)

 

Industry: Alcoholic Beverages & Food - Marketing
Employees: 3
Founded: 2021
Contact Information
Address 6800 Indian Creek Dr. Suite 1E Miami Beach, FL 33141
Phone Number (786) 389-9771
Web Address https://www.lqrhouse.com/
View Prospectus: LQR House Inc.
Financial Information
Market Cap $55.78mil
Revenues $0.72 mil (last 12 months)
Net Income $-1.46 mil (last 12 months)
IPO Profile
Symbol LQR
Exchange NASDAQ
Shares (millions): 1.0
Price range $5.00 - $5.00
Est. $ Volume $5.0 mil
Manager / Joint Managers EF Hutton
CO-Managers
Expected To Trade: 8/10/2023
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change