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Colombier Acquisition Corp. II - CLBR STOCK NEWS

Welcome to our dedicated page for Colombier Acquisition II news (Ticker: CLBR), a resource for investors and traders seeking the latest updates and insights on Colombier Acquisition II stock.

Colombier Acquisition Corp. II (CLBR) is a blank check company, also known as a Special Purpose Acquisition Company (SPAC). SPACs are corporations formed strictly to raise capital through an initial public offering (IPO) with the purpose of acquiring or merging with an existing company. CLBR aims to identify and acquire businesses in sectors that are poised for long-term growth.

Recently, Colombier Acquisition Corp. II has been in the news for developments related to PSQ Holdings, Inc. The two companies intend to form a partnership that is expected to drive significant value for their shareholders and enhance their competitive positioning in the market.

Colombier Acquisition Corp. II is structured to provide flexible capital solutions and strategic advisory services, ensuring any partnership or acquisition meets the highest standards of financial and operational performance. The company leverages its vast network of industry experts and financial advisors to identify potential targets that are not only financially sound but also poised for substantial growth.

For those interested in tracking the latest updates and relevant information about Colombier Acquisition Corp. II, following its latest news and financial reports will provide the most accurate and up-to-date insights into its operations and strategic directions.

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PSQ Holdings and Colombier Acquisition Corp. will participate in a fireside chat with IPO Edge to discuss their proposed business combination and the rapid growth of the PublicSq. platform.
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Colombier Acquisition Corp. has announced that the SEC has approved the registration statement for its business combination with PSQ Holdings, Inc. The special meeting of stockholders to approve the Business Combination is scheduled for July 19, 2023. Upon closing, the combined company will be renamed 'PSQ Holdings, Inc.' and will trade on the NYSE under the tickers 'PSQH' and 'PSQH WS'.
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PublicSq. rises to #2 app on Apple’s App Store, gaining over 300,000 new consumer members in a week. The platform now has over one million members and ranks above major shopping apps like Shopify, Target, Amazon, and Walmart. The growth comes as consumers seek out businesses aligned with their values.
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Colombier Acquisition Corp. (NYSE: CLBR) has filed a registration statement with the SEC regarding its proposed business combination with PublicSq. The transaction is aimed at enhancing PublicSq.'s growth and is projected to close in the third quarter of 2023. Cantor Fitzgerald has been appointed as the capital markets advisor for this business combination.

The business combination agreement, signed on February 27, 2023, has received approval from Colombier's Board and is pending stockholder approval. Post-closure, the combined entity will operate under the name PSQ Holdings, Inc. and trade under the ticker PSQH.

PublicSq. is a marketplace connecting consumers and businesses that align with patriotic values, boasting over 45,000 businesses and 575,000 active members in under ten months since its launch.

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Colombier Acquisition Corp. (NYSE: CLBR) has announced a definitive business combination agreement with PublicSq., the largest marketplace for pro-America businesses, valued at $200 million. The deal aims to enhance PublicSq.'s growth, potentially providing up to $158.5 million in cash for expansion into new revenue streams. Following the transaction closing in Q3 2023, PublicSq. will retain its identity, trading on the NYSE under PSQH. PublicSq. reported over 450,000 active members and 40,000 businesses on its platform, targeting an addressable market of over 100 million patriotic Americans.

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Colombier Acquisition Corp. announced that from July 7, 2021, investors can separately trade Class A common stock and warrants from its initial public offering of 17,250,000 units. The Class A common stock and warrants will trade on the NYSE under symbols CLBR and CLBR WS, while non-separated units will trade under CLBR.U. This action allows greater flexibility for investors. The press release also clarifies that it does not constitute an offer to sell securities.

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Colombier Acquisition Corp. announced that, starting July 6, 2021, holders of its initial public offering (IPO) units—totaling 17,250,000, including 2,250,000 units from the underwriters' option—can trade Class A common stock and warrants separately. The common stock will trade under the symbol CLBR, while the warrants will trade as CLBR WS. Non-separated units will continue trading as CLBR.U. Additionally, the press release emphasizes that this announcement does not constitute an offer to buy or sell securities.

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Colombier Acquisition Corp. (NYSE: CLBR) announced the closure of an additional issuance of 2,250,000 units from its IPO, attributed to the underwriters' over-allotment option. This sale at $10.00 per unit raised $22,500,000, totaling gross proceeds of $172,500,000 for the company. The consortium behind the company includes SuRo Capital Corp., Farvahar Partners, and Torch Capital, led by CEO Omeed Malik. B. Riley Securities, Inc. acted as the sole bookrunning manager for the offering.

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Colombier Acquisition Corp. (NYSE: CLBR) announced the successful closing of an additional issuance of 2,250,000 units following the full exercise of the underwriters’ over-allotment option linked to its IPO. This generated gross proceeds of $22,500,000, raising the total IPO proceeds to $172,500,000. The sponsor team includes SuRo Capital Corp., Farvahar Partners, and Torch Capital, emphasizing their commitment to identifying lucrative business combinations.

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Colombier Acquisition Corp. has successfully completed its initial public offering (IPO) of 15,000,000 units at a price of $10.00 each, generating gross proceeds of $150,000,000. The units commenced trading on the NYSE under the symbol ‘CLBR.U’. Each unit includes one share of Class A common stock and one-third of a warrant, with full warrants available for $11.50 per share. The company aims to pursue business combinations across various industries. B. Riley Securities, Inc. served as the sole bookrunning manager for this offering.

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FAQ

What is the current stock price of Colombier Acquisition II (CLBR)?

The current stock price of Colombier Acquisition II (CLBR) is $10.19 as of September 13, 2024.

What is the market cap of Colombier Acquisition II (CLBR)?

The market cap of Colombier Acquisition II (CLBR) is approximately 216.9M.

What is Colombier Acquisition Corp. II?

Colombier Acquisition Corp. II (CLBR) is a blank check company aimed at acquiring or merging with existing businesses poised for long-term growth.

What recent developments have occurred at CLBR?

CLBR has been in the news for its intended partnership with PSQ Holdings, Inc., which aims to drive significant value for shareholders.

What is the purpose of a SPAC like CLBR?

A SPAC, or Special Purpose Acquisition Company, is formed to raise capital through an IPO to acquire or merge with an existing company.

What sectors does CLBR focus on?

CLBR focuses on sectors that are poised for long-term growth, leveraging its network of industry experts to identify potential targets.

How does CLBR ensure the quality of its acquisitions?

CLBR ensures quality by leveraging its network of financial advisors and industry experts to identify financially sound and growth-oriented targets.

Where can I find the latest news on CLBR?

The latest news on CLBR can be found through financial news platforms and the company's official reports and announcements.

What is the financial condition of CLBR?

As a SPAC, CLBR raises capital through an IPO and uses this capital to acquire or merge with companies. Specific financial details would be in its financial reports.

What is the ticker symbol for Colombier Acquisition Corp. II?

The ticker symbol for Colombier Acquisition Corp. II is CLBR.

How can I invest in CLBR?

You can invest in CLBR by purchasing shares through a brokerage account that offers stocks listed on the stock exchange.

What type of companies does CLBR aim to acquire?

CLBR aims to acquire companies that are financially sound and have significant growth potential.

Colombier Acquisition Corp. II

NYSE:CLBR

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CLBR Stock Data

216.86M
17.00M
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