LQR House Inc. Enters into Note Purchase Agreement

LQR House Inc. has entered into a Note Purchase Agreement with non-U.S. purchasers for an aggregate principal amount of up to $60,000,000. The company issued unsecured promissory notes, which can be funded in USD or certain digital assets. These notes bear interest at 6.0% per annum and mature on May 20, 2028, unless earlier accelerated. The notes are unsecured and rank pari passu with other unsecured and unsubordinated indebtedness of the company. The agreement includes customary representations, warranties, covenants, and events of default. The company will use the proceeds for general corporate purposes, including working capital, capital expenditures, and acquisitions.