Colombier Acquisition Corp. II - CLBR STOCK NEWS

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.

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.

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.

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.

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.

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.

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.