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Replies to post #580 on LQR House Inc (YHC)
They issued over 185 million shares since 09/30/2023
IPO 08/10/2023 = 11,155,434 shares issued
09/30/2023 = 16,356,056 shares issued
As of November 16, 2023 = 201,840,656 shares issued
Check-out the 10Q filed.
On November 9, 2023, the Company entered into an underwriting agreement with EF Hutton relating to the Company’s public offering of 157,142,857 shares of the Company’s common stock pursuant to the Registration Statement on the Form S-1 (Registration No. 333-275363) (“Second Follow-on Offering”), at an offering price of $0.07 per share. The closing of the Second Follow-on Offering took place on November 13, 2023. Total gross proceeds were $11 million. The aggregate net proceeds to the Company from the Second Follow-on Offering were approximately $10.1 million after deducting underwriting discounts and commissions and estimated offering expenses. In connection with the Second Follow-on Offering, the Company issued to the underwriters five-year warrants to purchase an aggregate of 7,857,143 shares of the Company’s common stock with an exercise price of $0.07 per share.
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