Tuesday, February 28, 2023 12:09:39 PM
https://ih.advfn.com/stock-market/NYSE/colombier-acquisition-CLBR/stock-news/90350348/publicsq-a-leading-values-aligned-marketplace-t
With more than 450,000 active members and more than 40,000 businesses on its platform, PublicSq. has already become the largest marketplace of pro-America businesses and consumers
Ideally positioned to serve a total addressable market of more than 100 million patriotic Americans searching for companies that share their values
Transaction consideration to PublicSq. holders to consist of newly issued Colombier shares with a value of $200 million and is expected to provide up to $158.5 million in cash to fund PublicSq.’s continued growth and expansion into new revenue streams, assuming no redemptions
PublicSq. Founder and CEO Michael Seifert to retain majority voting rights and continue to steer mission of becoming the nation’s leading values-aligned marketplace
PSQ Holdings, Inc. (“PublicSq.”), the nation’s largest values-aligned marketplace, and Colombier Acquisition Corp. (NYSE: CLBR) (“Colombier”), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive business combination agreement. After the anticipated closing in the third quarter of 2023, the combined company will retain the PSQ Holdings, Inc. name and expects to trade on the New York Stock Exchange (“NYSE”) under the symbol PSQH. Colombier shares will continue to trade on the NYSE under the CLBR symbol until the closing of the transaction.
In less than eight months since its nationwide launch, PublicSq. has already become the largest values-aligned marketplace of pro-America businesses and consumers. The company has more than 450,000 active members, more than 40,000 businesses on its platform, and is focused on servicing an estimated total addressable market of more than 100 million Americans increasingly ignored by existing networks and marketplaces.1
Michael Seifert, the Founder and CEO of PublicSq., said: “For too long, progressive corporations have prioritized highly politicized ideas over the interests and values of the American people. Because of this, we, as patriotic Americans, are hungering for a future where the power is back in the hands of ‘We the People’ and a parallel economy is created. With the PublicSq. platform, we are grateful to provide a solution that helps every day, freedom-loving Americans spend their hard-earned money with businesses that prioritize the values that have made this nation so special in the first place. We’re just getting started, and we’re proud to partner with the Colombier team.”
Omeed Malik, the CEO and Chairman of Colombier, stated: “It has become increasingly obvious that there is a disconnect in America between the priorities of large multinational corporations that dominate our consumer experience and the hard-working families and individuals who yearn to find proudly patriotic businesses whose values align with theirs. PublicSq. has recognized and acted on this unmet need in a credible and efficient way – and with the tremendous growth of its digital platform, it is clear that Michael and his team are just getting started. We are thrilled to be supporting them on this journey.”
Overview of PublicSq.’s Anticipated Board of Directors
Michael Seifert is the Founder and CEO of PublicSq., and a recognized thought-leader in the areas of business development, politics, and culture.
Omeed Malik, in addition to his role at Colombier, is the Founder and CEO of Farvahar Partners, a boutique investment bank, and the President of 1789 Capital, an investment firm that provides financing to companies in the budding Entrepreneurship, Innovation & Growth ("EIG") economy.
Nick Ayers is a leading public policy and business strategist, and most recently served in the White House as Assistant to the President and Chief of Staff to the Vice President.
Blake Masters is an entrepreneur and investor who previously served as COO of Thiel Capital from 2018 to 2022 and was Arizona’s Republican nominee for the U.S. Senate in 2022.
The newly combined company’s Board of Directors may include new independent individuals.
...
Recent CLBR News
- Omeed Malik, CEO of Colombier Acquisition Corp II, to be Interviewed on March 18 • Business Wire • 03/15/2024 08:05:00 PM
- Colombier Acquisition Corp. II Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing January 11, 2024 • Business Wire • 01/09/2024 09:05:00 PM
- Colombier Acquisition Corp. II Announces Closing of Upsized Initial Public Offering • Business Wire • 11/27/2023 01:15:00 PM
- Colombier Acquisition Corp. II Announces Pricing of Upsized $150 Million Initial Public Offering • Business Wire • 11/20/2023 10:40:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/21/2023 10:01:21 AM
- Patriotic Marketplace PublicSq. Stock and Warrants Begin Trading on the New York Stock Exchange Under Ticker Symbols “PSQH” and “PSQH WS” • Business Wire • 07/20/2023 12:00:00 PM
- Form 8-A12B/A - Registration of securities [Section 12(b)]: [Amend] • Edgar (US Regulatory) • 07/20/2023 11:00:44 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/19/2023 09:08:08 PM
- Patriotic Marketplace PSQ Holdings, Inc. and Colombier Acquisition Corp. Announce Closing of Business Combination • Business Wire • 07/19/2023 07:25:00 PM
- Colombier Acquisition Corp. Announces Stockholder Approval of the Proposed Business Combination with Patriotic Marketplace PublicSq. • Business Wire • 07/19/2023 05:45:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 07/18/2023 01:02:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/18/2023 12:59:10 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 07/18/2023 01:07:27 AM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 07/18/2023 01:07:01 AM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 07/18/2023 01:04:25 AM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 07/18/2023 01:03:58 AM
- Colombier Acquisition Corp. Announces Requests to Redeem Public Shares • Business Wire • 07/18/2023 01:00:00 AM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 07/15/2023 12:22:43 AM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 07/14/2023 01:39:28 AM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 07/14/2023 01:37:53 AM
- PublicSq. Launches EveryLife, a Wholly-Owned Subsidiary and Pro-Life Baby Brand • Business Wire • 07/13/2023 12:30:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 07/13/2023 01:40:10 AM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 07/13/2023 01:39:41 AM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 07/13/2023 01:38:04 AM
FEATURED Integrated Ventures Files Q3/2024 With Mining Revenues Of $1,983,250 And Positive Earnings Of $0.05 Cents Per Share • May 15, 2024 10:30 AM
Swifty Global Announces Impressive Financial Results for Q1 2024 • DRCR • May 15, 2024 10:25 AM
Branded Legacy Inc. Invites Shareholders to Celebrate Milestones at Open House: Announces Share Buyback and Commitment to Authorized Share Count • BLEG • May 15, 2024 8:30 AM
Alliance Creative Group (ACGX) Releases Q1 2024 Financial and Disclosure Report with an 88% increase in Net Income from Q1 2023 to Q1 2024 • ACGX • May 15, 2024 8:30 AM
Category V Biotech, Inc. Announces Letter of Intent to Acquire Genetic Networks, Expanding into Biotechnology Sector • CATV • May 15, 2024 8:00 AM
POET Announces Design Win and Collaboration with Foxconn Interconnect Technology for High-speed AI Systems • POET • May 14, 2024 10:09 AM