LQR House acquires additional 30% of Fusion Five for $39M in Tether, reaches 54% majority stake

Filed June 2, 2026 · Period ending June 1, 2026 · ~1 min read

Key Changes

• high

  LQR House closed on an additional 30% stake in Fusion Five Continents Securities for $39 million, bringing total ownership to 54%—crossing the majority control threshold that typically triggers full financial consolidation.

  Item 1.01 verify on EDGAR →
• medium

  The $39 million purchase price was paid entirely in Tether (USDT), a stablecoin cryptocurrency, representing an unusual payment method for M&A transactions and introducing crypto-related accounting and regulatory considerations.

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• medium

  This closing is part of a multi-tranche acquisition structure previously announced in April 2026, with the Company now holding 5,400 of 10,000 shares in the Target.

  Item 1.01 verify on EDGAR →