LQR House Acquires 1.92M Share Stake In DRNK Beverage Corp, ~8.58%, At $2.50 Per Share, Totaling $4.8M
Portfolio Pulse from Benzinga Newsdesk
LQR House Inc. (NASDAQ:LQR) has acquired 1.92 million shares of DRNK Beverage Corp at $2.50 per share, totaling $4.8 million. This strategic investment marks LQR House's entry into the non-alcoholic and ready-to-drink beverage markets.
June 10, 2024 | 12:48 pm
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LQR House Inc. has acquired 1.92 million shares of DRNK Beverage Corp for $4.8 million, marking its strategic entry into the non-alcoholic and ready-to-drink beverage markets.
The acquisition signifies LQR House's strategic move into rapidly growing sectors within the beverage industry, which could positively impact its stock price in the short term.
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