[Form 3] LQR House Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

On 07/14/2025, Robert Leshner filed an initial Form 3 for LQR House Inc. (YHC), disclosing direct ownership of 592,736 common shares. At the purchase date it was unclear whether the holding exceeded the 10 % threshold because subsequent share issuances diluted the position to 8.7 % as of 07/17/2025. Leshner is identified as both a director and a 10 % owner. No derivative securities were reported.

Positive

• 592,736-share insider holding indicates strong confidence and economic alignment with other shareholders.
• Leshner’s dual role as director and major owner may enhance strategic oversight and governance at YHC.

Negative

• Ownership percentage has fallen to 8.7 % due to dilution, underscoring potential share issuance risk for investors.
• Dropping below the 10 % threshold reduces certain reporting obligations and could limit future visibility into insider activity.

Insights

Securities Analyst

TL;DR: Large insider stake shows confidence; dilution lowers percentage; routine ownership filing with limited market impact.

The disclosure confirms that Robert Leshner holds nearly 0.6 million YHC shares, a sizeable position that promotes alignment with outside investors. While the absolute share count is unchanged, the ownership percentage dropped below 10 % due to new share issuances, highlighting shareholder dilution risk. Because this is an initial Form 3 without transactions or derivatives, the filing is informational and should not materially affect near-term valuation.

Corporate Governance Expert

TL;DR: Director’s 592k-share stake supports governance alignment; sub-10 % status reduces certain heightened reporting triggers.

Leshner’s board seat combined with significant equity interest can strengthen oversight and incentivize long-term value creation. Falling below the 10 % threshold means fewer Section 16(b) short-swing profit constraints and could lessen transparency if the stake falls further. Nevertheless, presence of a committed insider often signals confidence in the company’s prospects.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Leshner Robert

(Last) (First) (Middle)

PO BOX 1691

(Street)

BRIDGEHAMPTON NY 11972

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/14/2025

3. Issuer Name and Ticker or Trading Symbol
LQR House Inc. [ YHC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common stock	592,736	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

It is uncertain whether these securities represented 10% of the issuer's stock outstanding at the time of purchase due to the issuance of additional stock and dilution; on 07/17/2025, these securities represented 8.7% of the issuer's stock

	Robert Leshner	07/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many LQR House (YHC) shares does Robert Leshner own?

The Form 3 reports 592,736 common shares held directly.

What percentage of YHC does this stake represent?

As of 07/17/2025, the holding represented approximately 8.7 % of outstanding shares.

When did the reportable event occur?

The event requiring disclosure occurred on 07/14/2025.

Are any derivative securities listed in the filing?

No. No options, warrants, or other derivatives were disclosed.

What is Robert Leshner’s relationship to LQR House Inc.?

He is identified as a director and a former 10 % owner of the company.