LQR House Plunges 25.87% Post Reverse Split

On July 15, 2025, LQR House experienced a significant drop of 25.87% in pre-market trading, marking a notable decline in its stock performance.

LQR House recently underwent a 1-for-35 reverse stock split, which means shareholders now hold one share for every 35 shares they previously owned. This corporate action is aimed at increasing the stock price and potentially attracting more investors.

Additionally, Robert Leshner acquired a substantial 56.8% stake in LQR House for $2.03 million. This acquisition is part of a strategic move to replace the board and pursue various strategic options, which could significantly impact the company's future direction and stock performance.