Inactive Instrument

COLR ACQU

Equities

CLBR

US19533H1086

PSQ Shares Jump Over 30% After SPAC Merger

July 20, 2023 at 10:18 am EDT

By Will Feuer

Shares of PSQ Holdings, an online marketplace that bills itself as catering to patriotic consumers and businesses, jumped in morning trading after merging with Colombier Acquisition, a special-purpose acquisition company.

The stock rose more than 35% to $18.88 in morning trading on Thursday.

PSQ Holdings, whose marketplace is called PublicSq, struck its deal to merge with the SPAC in February.

"For too long, progressive corporations have prioritized highly politicized ideas over the interests and values of the American people," Founder and Chief Executive Michael Seifert said at the time. "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."

Write to Will Feuer at Will.Feuer@wsj.com

(END) Dow Jones Newswires

07-20-23 1017ET

Latest news about COLR ACQU

Colombier Acquisition Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-09	CI
PSQ Shares Jump Over 30% After SPAC Merger	23-07-20	DJ
Sector Update: Financial Stocks Higher Late Wednesday	23-07-19	MT
Sector Update: Financial	23-07-19	MT
Colombier Acquisition Gets Shareholder Approval for PSQ Holdings Merger; Shares Jump	23-07-19	MT
PSQ Holdings, Inc. completed the acquisition of Colombier Acquisition Corp. from a group of shareholders of in a reverse merger transaction.	23-07-18	CI
Sector Update: Financial Stocks Advancing Late Friday	23-06-30	MT
Sector Update: Financial Stocks Rising Friday Afternoon	23-06-30	MT
Colombier Acquisition Corp. Says US SEC Clears Registration Statement for Merger With PSQ	23-06-30	MT
Colombier Acquisition Corp. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-12	CI
Colombier Acquisition Corp. Auditor Raises 'Going Concern' Doubt	23-03-23	CI
PSQ Holdings, Inc. entered into an agreement to acquire Colombier Acquisition Corp. from Colombier Sponsor LLC and others for approximately $230 million in a reverse merger transaction.	23-02-26	CI
Colombier Acquisition Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-02	CI
Colombier Acquisition Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-08	CI
Colombier Acquisition Corp. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-09	CI
Colombier Acquisition Corp. Reports Earnings Results for the Eleven Months Ended December 31, 2021	22-03-22	CI
Certain Class B Common Stock of Colombier Acquisition Corp. are subject to a Lock-Up Agreement Ending on 5-DEC-2021.	21-12-04	CI
Colombier Acquisition Corp. has completed an IPO in the amount of $150 million.	21-06-08	CI
Colombier Acquisition Corp. has filed an IPO in the amount of $150 million.	21-03-19	CI

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Company Profile

Colombier Acquisition Corp is a blank check company. The Company is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It intends to identify acquisition opportunities in the consumer products, social and entertainment sectors. It has no operations and has generated no revenues.

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