Welcome to our dedicated page for Sonnet Biotherapeutc Hldng SEC filings (Ticker: SONN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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Schedule 13D highlights a control-level acquisition in LQR House Inc. (CUSIP 50214C200). Robert Leshner, a U.S. individual investor and CEO of Superstate Inc., has purchased 605,936 common shares – approximately 56.8 % of LQR House’s outstanding stock – for roughly $2.03 million using personal funds. All shares are held with sole voting and dispositive power.
The filing states that Leshner’s purpose is to effect a change in the issuer’s management and strategic direction. He intends to use written consent or a special shareholder meeting, in accordance with Nevada law and the company’s bylaws, to:
- Remove the current board of directors with or without cause.
- Nominate a new slate of directors committed to pursuing strategic alternatives and stronger corporate governance.
- Explore potential strategic transactions, including engagements with other shareholders and third parties.
No outstanding contracts, arrangements or legal proceedings related to the securities were disclosed. The acquisition positions Leshner as a controlling shareholder capable of unilaterally driving board and management changes, signalling a possible shift in operating strategy and future M&A activity for LQR House.
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