US Market News
4日前
LQR House Inc. Closes Additional 30% Interest in Fusion Five Continents Securities, Crossing Majority Ownership of an AI-Powered Cross-Border Brokerage Built on USDT Settlement InfrastructureJune 2, 2026 9:04 AM
ACCESS NewswireAcquisition lifts LQR House through the 50% threshold in a regulated brokerage that combines AI-driven research, automated trading, and large language models with USDT-based funding and settlement infrastructure, as well as a research agenda extending into quantum technologies, across U.S. and Hong Kong equity markets. Consideration of $39 million in USDT advances the multi-tranche acquisition first announced in April 2026, and closing triggers consolidation of Fusion Five's profitable financial results into LQR House's reported earnings.MIAMI BEACH, FL / ACCESS Newswire / June 2, 2026 / LQR House Inc. (NASDAQ:YHC) (the "Company" or "LQR House") today announced that it closed yesterday on the acquisition of an additional 30% equity interest in Fusion Five Continents Securities ("Fusion Five Continents" or "Fusion Five"), a New Zealand licensed brokerage operating an AI-powered investment platform with proprietary USDT-based funding and settlement capabilities and a research agenda advancing toward quantum technologies. The closing builds on the Company's previously announced initial 24% acquisition and lifts LQR House's aggregate ownership through the 50% threshold, a milestone that establishes LQR House as the controlling shareholder of Fusion Five and is expected to result in consolidation of Fusion Five's results into the Company's financial reporting.The incremental 30% interest was acquired for $39 million, payable in USDT in accordance with the terms of the underlying Share Purchase Agreement. The valuation reflects, among other factors, the elimination of the discount for lack of control (DLOC) that applied to the initial minority tranche.A Cross-Border Investment Platform at the Convergence of AI and Stablecoin InfrastructureFusion Five Continents is a licensed financial services firm operating an integrated digital investment platform through which customers fund their accounts and access a curated range of investment products. Conventional brokerages execute orders. Fusion Five, in addition to executing orders, delivers AI-driven research, automated portfolio optimization, and stablecoin-settled funding and clearance, in a single environment. The Company believes this combination positions Fusion Five at the intersection of digital finance, global capital markets, and USD stablecoin infrastructure.How AI Powers the Fusion Five PlatformFusion Five layers institutional-grade technology onto a regulated brokerage. When a client navigates to a company's stock on the platform, large language models have already read its latest filings and recent media coverage and distilled them into a single intelligence score. The platform's portfolio builder accepts plain-language goals or numerical targets for risk, drawdown, and return, and then constructs an allocation from four institutional methodologies, stress-tested against historical market scenarios and backtested for downside protection. Underlying all of it is a research engine that applies natural language processing and large-scale investor-behavior data to alpha generation across U.S. and Hong Kong equity markets.In plain terms, Fusion Five executes its clients' trades and, at the same time, delivers the kind of AI-driven research, automated trading analytics, and portfolio suggestions that have historically been confined to professional hedge funds.The Road to Quantum TechnologiesThe platform's research and development team comprises postdoctoral researchers from the Oxford-Man Institute of Quantitative Finance and Singapore Management University, alongside PhDs from Tsinghua University, the University of Warwick, and KTH Royal Institute of Technology, with active industry links to Man Group's Man Numeric, Ant Fund, and Alipay. Beyond the AI, machine learning, and quantitative research capabilities already in production, this research and development team is advancing Fusion Five along a deliberate quantum roadmap. Near-term work includes quantum-inspired methods deployable on classical infrastructure today, including alternative approaches to portfolio optimization and execution efficiency. Longer-term work includes research into quantum algorithms for portfolio construction, quantum machine learning for predictive modeling, and the disciplined benchmarking of these methods against classical systems to identify areas of genuine quantum advantage. The Company views quantum readiness across architecture, governance, and research agenda as foundational to next-generation trading platforms as quantum technologies mature.Stablecoin-Settled Access to Global Equity MarketsA defining feature of Fusion Five is its ability to facilitate USDT-based funding for securities trading, a capability that is not commonly available among financial intermediaries serving Asian markets. Through a partnership with a licensed Hong Kong securities broker, Fusion Five connects an existing base of approximately 4,000 investors to Hong Kong and U.S. equity markets, with USDT functioning as both the funding instrument and the settlement layer. For Chinese and Asian investors holding meaningful capital in digital assets and seeking exposure to global equities, Fusion Five represents one of the cleaner regulated bridges between the two.The model also aligns with the current direction of U.S. regulatory policy. Recent U.S. policy developments have indicated increasing institutional focus on USD stablecoin infrastructure as a mechanism to extend dollar dominance in global finance. Fusion Five's use of USDT as the settlement layer for equity market access aligns the platform with broader trends toward integration of stablecoin infrastructure into financial markets.LQR House gains this exposure through ownership of a regulated operating business rather than through direct holdings of digital assets, which the Company believes provides positioning at the convergence of stablecoins and global capital markets without the balance sheet volatility that has complicated other crypto-adjacent strategies for public companies.Profitable Operating Business Joining LQR House's Consolidated ResultsFusion Five is operating profitably and has demonstrated product-market fit, as reflected in its most recent audited financial statements. Going forward, those results will be consolidated into LQR House's financial statements. Given that Fusion Five is an established and profitable operating business, and that LQR House's historical operations have run at a loss, the Company believes that consolidation will contribute favorably to its reported financial performance in future periods, with substantial runway for Fusion Five to broaden its customer base and deepen its product offering."This next step in our acquisition of Fusion Five Continents is a defining moment for LQR House and our shareholders," said Sean Dollinger, Chief Executive Officer of LQR House. "Fusion Five sits at a rare intersection: a regulated, profitable brokerage that has built a genuine AI investment platform, with proprietary USDT-based settlement infrastructure that bridges the digital asset economy to global equity markets. We have crossed into majority ownership of that platform without taking on the balance sheet exposure that has made other crypto-adjacent strategies complicated for public companies. With the consolidation of Fusion Five's results into our financials, we believe that shareholders will see a tangible and immediate improvement to the Company's bottom line. Fusion Five's growth trajectory is just beginning, and the path toward full ownership positions LQR House to capture the full upside of that growth."About LQR House Inc.In addition to its growing ownership of Fusion Five Continents Securities, as described above, LQR House intends to remain a prominent force in the wine and spirits e-commerce sector, epitomized by its flagship alcohol marketplace, cwspirits.com. This platform seamlessly delivers a diverse range of emerging, premium, and luxury spirits, wines, and champagnes from esteemed retail partners like Country Wine & Spirits. Functioning as a technology-driven hub, LQR House utilizes software, data analytics, and artificial intelligence to elevate the consumer experience. CWSpirits.com stands out as the go-to destination for modern, convenience-oriented shoppers, providing a curated selection of alcohol products delivered to homes across the United States. Beyond its role in the e-commerce sector, LQR House is a marketing agency with a specialized focus on the alcohol industry, measuring campaign success by directly correlating it with sales on CWSpirits.com. Backed by an influential network of around 460 figures in the alcohol space, LQR House strategically drives traffic to CWSpirits.com, enhancing brand visibility. With the addition of a controlling stake in Fusion Five Continents, LQR House now operates at the intersection of digital finance, global capital markets, and consumer commerce.Forward-Looking StatementsThis press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding LQR House's strategic plans, the consolidation of Fusion Five Continents Securities into the Company's financial results, expected contributions to the Company's bottom line, anticipated growth and product expansion at Fusion Five, the performance and capabilities of the Fusion Five AI investment platform (including its AI-powered research, automated trading, quantitative research, and large language model features), Fusion Five's research and development activities, the development and deployment of quantum-inspired methods and future quantum computing capabilities, and the timing, performance, and commercial viability of those technologies, the operation and acceptance of USDT-based funding and settlement infrastructure, the regulatory environment for stablecoins in the United States and other jurisdictions, and market opportunities in cross-border securities trading. Certain statements herein may also constitute statements regarding emerging technologies, including artificial intelligence, machine learning, large language models, stablecoin infrastructure, and quantum computing initiatives, which involve additional technical, regulatory, operational, and commercialization risks. Forward-looking statements may be identified by the use of words such as "expect," "anticipate," "believe," "may," "will," "should," "plan," "project," "intend," "estimate," and similar expressions. These statements are based on management's current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those projected. There can be no assurance that the anticipated benefits of the Fusion Five acquisition, including the contribution of Fusion Five's results to LQR House's consolidated financial performance, will be realized on the timing or scale contemplated; that subsequent closings under the Share Purchase Agreement will occur on the timing or terms described or at all; that the AI investment platform features described herein will perform as anticipated; that USDT or other stablecoin infrastructure will continue to be accepted, regulated, or available in a manner consistent with current expectations; or that LQR House will successfully expand Fusion Five's customer base or product offering. Factors that could cause actual results to differ include, but are not limited to, regulatory approvals and changes (including with respect to digital assets, stablecoins, and cross-border securities trading), market acceptance, competitive dynamics, technology and platform development risks, the accuracy and performance of AI, large language model, and quantitative trading models, and macroeconomic conditions. Additional information concerning these and other risk factors is contained in LQR House's filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. This press release also includes statistics, data, and other information regarding markets and industries that have been obtained from third-party sources, including industry publications and reports. While LQR House believes these third-party sources to be reliable, the Company has not independently verified the data contained in such sources and makes no representation as to their accuracy or completeness. LQR House undertakes no obligation to update any forward-looking statements except as required by law.Investor and Media Contact:info@lqrhouse.comSOURCE: LQR HouseView the original press release on ACCESS NewswireOriginal: LQR House Inc. Closes Additional 30% Interest in Fusion Five Continents Securities, Crossing Majority Ownership of an AI-Powered Cross-Border Brokerage Built on USDT Settlement Infrastructure
US Market News
2月前
LQR House Inc. Announces Agreement to Acquire 100% of Fusion Five Continents Limited, a Next-Generation Cross-Border Securities and Digital Asset Trading PlatformApril 16, 2026 8:35 AM
ACCESS NewswireInvestment Positions LQR House at the Convergence of Digital Finance, Global Capital Markets, and USD Stablecoin InfrastructureMIAMI BEACH, FL / ACCESS Newswire / April 16, 2026 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:YHC), a niche ecommerce platform specializing in the spirits and beverage industry, announces the execution of a Share Purchase Agreement ("SPA") to acquire 100% of Fusion Five Continents Limited ("Fusion Five"), a next-generation cross-border securities trading intermediary that supports USDT-based funding and settlement capabilities for access to Hong Kong and U.S. equity markets. The acquisition will be completed in multiple tranches. The initial closing, expected to occur no later than April 24, 2026, will consist of a 24% equity stake in Fusion Five in exchange for consideration valued at $28,080,000, payable in USDT, with one or more subsequent closings structured to bring LQR House's total ownership to 100%, for aggregate consideration of up to $126,880,000, subject to receipt of required regulatory approvals.A Year of Exploration That Led to a Defining MomentOver the past twelve months, LQR House has been deliberate and disciplined in its exploration of the digital asset and blockchain space. The Company evaluated a range of opportunities, including Bitcoin treasury reserve strategies and partnerships in the crypto mining sector, specifically examining opportunities with large-scale mining operations. These efforts reflected the broader market enthusiasm that swept across public companies in 2024 and early 2025 as the Bitcoin treasury trade emerged as a short-lived but high-profile strategy.While the treasury and mining plays generated significant attention for those who moved early, LQR House recognized that the window for differentiated value creation in those categories was narrowing. Companies that rushed to adopt Bitcoin treasury strategies or mining exposures received mixed reviews from institutional investors, and the long-term strategic rationale for many of those moves remained unclear. LQR House made a conscious decision not to chase a crowded trade.Instead, the Company turned its focus toward an opportunity with a longer arc of value creation: one that sits at the convergence of digital assets, global capital markets, and the expanding USD stablecoin ecosystem. That exploration has led LQR House directly to Fusion Five.Why Fusion Five: Infrastructure for the Next Era of Global InvestingFusion Five operates as a cross-border securities trading intermediary providing clients with access to Hong Kong and U.S. equity markets through an integrated operational framework. One factor setting Fusion Five apart is its proprietary ability to facilitate USDT deposits for securities trading, a capability that is not commonly available among financial intermediaries targeting Asian investors. Through a partnership with a licensed securities broker in Hong Kong, Fusion Five connects its client base of approximately 4,000 investors to global equity markets using USDT stablecoin as the funding mechanism, with settlement facilitated by a licensed trust company.This end-to-end solution is designed to streamline conventional cross-border fund transfers for a demographic that holds significant digital asset wealth but has historically faced structural barriers to deploying it into regulated global equity markets. Fusion Five's current client base is predominantly composed of mainland Chinese investors, a segment with significant pools of capital seeking international diversification.Fusion Five has also assembled a formidable technology team with credentials from Oxford, Stockholm University, and Tsinghua University, combining expertise in quantitative finance, AI, and behavioral data science. The Company is deploying AI-driven capabilities across its operations to drive efficiency, enhance the client experience, and build competitive moats that are difficult to replicate.Structural Tailwinds: A Market Built for This MomentThe decision to invest in Fusion Five is supported by powerful structural market dynamics. The USD stablecoin market has undergone extraordinary growth, expanding from approximately $27 billion in 2020 to nearly $300 billion by the end of 2025. USDT now commands approximately 65% of the stablecoin market share, with roughly $190 billion in circulation, while USDC holds approximately 25%.The Company believes that this reflects fundamental demand from global investors who need efficient, low-friction mechanisms to move capital across borders. The cross-border brokerage market is expanding in parallel, driven by rising household wealth in Asia, growing appetite for Hong Kong and U.S. equity exposure, and the demonstrated advantages of fintech-enabled settlement over legacy bank wire infrastructure. Fusion Five sits at the center of all three of these dynamics.This investment also aligns directly with the current direction of U.S. regulatory policy. The current administration has signaled clear support for USD stablecoin infrastructure as a mechanism to extend dollar dominance in global finance. Fusion Five's model, which uses USDT as the settlement layer for equity market access, positions LQR House as a company operating in alignment with this policy direction rather than against it.Strategic FitA defining feature of this acquisition is what it does not require LQR House to take on. Unlike direct Bitcoin treasury positions or mining operations, this investment does not directly expose the Company to holding crypto assets or related price volatility. LQR House is not a holder of speculative digital assets. It is an investor in a revenue-generating operating business within regulated financial markets, leveraging digital asset infrastructure as a competitive advantage. The Company's upside is tied to the growth of Fusion Five's client base, transaction volumes, and expansion into new product lines, not to the price of any single cryptocurrency.This structure was deliberate. LQR House has spent twelve months learning the digital asset landscape, watching how other public companies navigated the space, and identifying the entry point that offers the most compelling risk-adjusted opportunity. Fusion Five represents that entry point."Over the past year, we took the time to genuinely understand the digital asset landscape before committing capital," said Sean Dollinger, Chief Executive Officer of LQR House. "We watched the Bitcoin treasury trade come and go. We looked hard at mining. And we kept asking ourselves: where is the durable, compounding opportunity that is built to last? Fusion Five answered that question. This is a business with a real client base and a differentiated product. The stablecoin ecosystem is not a trend. It is becoming the infrastructure of global finance. We want to be positioned at the center of that, and we believe that Fusion Five gets us there without taking on the balance sheet exposure that has made other crypto-adjacent strategies complicated for public companies. This is the move we have been building toward.""Partnering with LQR House represents a pivotal milestone for Fusion Five," said Dan Shields, Chief Executive Officer of Fusion Five Limited. "We have built a platform that solves a genuine problem for a massive and underserved market. Chinese and Asian investors hold significant capital in digital assets, and they want access to global equities. We built the bridge. Having LQR House as a strategic partner brings capital, visibility, and institutional credibility that accelerates everything we are working toward. Our AI-powered infrastructure is ready to scale, and this investment gives us the foundation to do exactly that."Transaction DetailsInvestment Amount: $28,080,000 (initial closing), payable in USDT; up to $126,880,000 in aggregate consideration for 100% acquisition pursuant to the Share Purchase AgreementOwnership Stake: 24% (initial closing); 100% upon receipt of regulatory approvalsForm of Investment: Equity pursuant to the Share Purchase Agreement (consideration payable in USDT)Additional Terms: Subsequent tranches structured to achieve 100% ownership; each additional closing contingent upon receipt of applicable regulatory approvalsExpected Closing: initial closing: no later than April 24, 2026; subsequent closings subject to regulatory approvalThe transaction is subject to customary closing conditions. Additional details will be disclosed in accordance with applicable securities laws and Nasdaq listing requirements.New Board AppointmentsIn connection with the acquisition, the Company has appointed two New Zealand-based professionals to its Board of Directors. Their backgrounds in financial compliance and cybersecurity reflect the regulatory complexity and technology infrastructure demands of operating a licensed global brokerage.Yuting (Tina) LuoMs. Luo, age 24, is a compliance and risk management professional with experience in financial services, specializing in anti-money laundering and countering the financing of terrorism (AML/CFT) under New Zealand regulatory requirements. She holds a Bachelor of Commerce from the University of Auckland. Ms. Luo previously served at Tiger Brokers, where she was responsible for AML/CFT program administration, transaction monitoring, customer due diligence, and operational reconciliation within brokerage activities. Her appointment strengthens the Board's oversight capability in financial compliance and regulatory risk management.Hoi Ho George WongMr. Wong, age 37, is a New Zealand citizen with more than ten years of experience in network and information security and application systems development, primarily within the financial technology sector. He completed his studies in Information Technology at the Christchurch Polytechnic Institute of Technology. Mr. Wong has provided cybersecurity services to banks, brokerage firms, and other financial institutions, with expertise spanning security architecture, threat detection and mitigation, compliance auditing, incident response, and information security management systems. His appointment enhances the Board's governance of cybersecurity risk, data protection, and technology infrastructure across the Company's expanding operations.- End -About LQR House Inc.LQR House intends to become a prominent force in the wine and spirits e-commerce sector, epitomized by its flagship alcohol marketplace, cwspirits.com. This platform seamlessly delivers a diverse range of emerging, premium, and luxury spirits, wines, and champagnes from esteemed retail partners like Country Wine & Spirits. Functioning as a technology-driven hub, LQR House utilizes software, data analytics, and artificial intelligence to elevate consumer experience. CWSpirits.com stands out as the go-to destination for modern, convenience-oriented shoppers, providing a curated selection of alcohol products delivered to homes across the United States. Beyond its role in an e-commerce sector, LQR House is a marketing agency with a specialized focus on the alcohol industry. The Company measures campaign success by directly correlating it with sales on CWSpirits.com, demonstrating a return on investment. Backed by an influential network of around 460 figures in the alcohol space, LQR House strategically drives traffic to CWSpirits.com, enhancing brand visibility. LQR House intends to disrupt the traditional landscape of the alcohol industry, driven by its dedication to providing an unparalleled online purchasing experience and delivering tailored marketing solutions.Forward-Looking StatementsCertain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Shareholders can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. Forward-looking statements contained in this press release are made only as of the date of this press release. Forward-looking statements in this press release include, without limitation, statements regarding the anticipated closings under the Share Purchase Agreement and the Company's ability to complete the transactions contemplated therein, which are subject to various conditions, including regulatory approvals. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and in other reports and documents that the Company files from time to time with the United States Securities and Exchange Commission (the "SEC"). You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the headings "Risk Factors". Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results described in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and in other reports and documents that the Company files from time to time with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. References and links to websites have been provided as a convenience, and the information contained on such websites has not been incorporated by reference into this press release.Investor and Media Contact:info@lqrhouse.comSOURCE: LQR HouseView the original press release on ACCESS NewswireOriginal: LQR House Inc. Announces Agreement to Acquire 100% of Fusion Five Continents Limited, a Next-Generation Cross-Border Securities and Digital Asset Trading Platform
US Market News
3月前
LQR House Inc. Announces Adjournment of Special Meeting of StockholdersFebruary 23, 2026 4:15 PM
ACCESS NewswireMIAMI BEACH, FLORIDA / ACCESS Newswire / February 23, 2026 / LQR House Inc. (NASDAQ:YHC) (the "Company" or "LQR House"), a niche ecommerce platform specializing in the spirits and beverage industry, today announced that its Special Meeting of Stockholders (the "Special Meeting"), originally convened on February 23, 2026, was adjourned to allow additional time for stockholders to vote on the proposals described in the Company's definitive proxy statement filed with the Securities and Exchange Commission on January 28, 2026.The Special Meeting will reconvene on March 2, 2026, at 10:00 a.m. Eastern Time, at the same virtual meeting location.Stockholders of record as of the close of business on January 20, 2026 are eligible to vote and may continue to vote their shares until the reconvened Special Meeting.The Board of Directors encourages all stockholders who have not yet voted to do so before the reconvened Special Meeting.No changes have been made to the proposals to be voted on by stockholders.About LQR House Inc.LQR House intends to become a prominent force in the wine and spirits e-commerce sector, epitomized by its flagship alcohol marketplace, cwspirits.com. This platform seamlessly delivers a diverse range of emerging, premium, and luxury spirits, wines, and champagnes from esteemed retail partners like Country Wine & Spirits. Functioning as a technology-driven hub, LQR House utilizes software, data analytics, and artificial intelligence to elevate consumer experience. CWSpirits.com stands out as the go-to destination for modern, convenience-oriented shoppers, providing a curated selection of alcohol products delivered to homes across the United States. Beyond its role in an e-commerce sector, LQR House is a marketing agency with a specialized focus on the alcohol industry. The Company measures campaign success by directly correlating it with sales on CWSpirits.com, demonstrating a return on investment. Backed by an influential network of around 460 figures in the alcohol space, LQR House strategically drives traffic to CWSpirits.com, enhancing brand visibility. LQR House intends to disrupt the traditional landscape of the alcohol industry, driven by its dedication to providing an unparalleled online purchasing experience and delivering tailored marketing solutions.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding the timing and expected reconvening of the Company's Special Meeting of Stockholders and the expected timing of stockholder voting.Forward-looking statements are based on the Company's current expectations, assumptions, and projections about future events and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.These risks and uncertainties include, but are not limited to, the Company's ability to obtain sufficient stockholder votes to approve the proposals described in the Company's proxy statement, the possibility of further adjournments of the Special Meeting, and other risks described in the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.There can be no assurance that the Special Meeting will be reconvened as currently expected or that stockholders will approve the proposals.Forward-looking statements speak only as of the date of this press release. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law.Investor and Media Contact:info@lqrhouse.comSOURCE: LQR HouseView the original press release on ACCESS NewswireOriginal: LQR House Inc. Announces Adjournment of Special Meeting of Stockholders