Welcome to our dedicated page for PSQ Holdings news (Ticker: PSQH), a resource for investors and traders seeking the latest updates and insights on PSQ Holdings stock.
PSQ Holdings, Inc. (PSQH) operates the innovative website and mobile application, PublicSq. This platform is dedicated to connecting freedom-loving Americans with high-quality businesses that share their values both online and in local communities. The core mission of PublicSq. is to enable consumers to 'shop their values,' ensuring that every purchase has a purpose and aligns with their beliefs.
PSQ Holdings, Inc. is structured into two main segments:
- Marketplace Segment: This segment offers a marketplace platform where consumers can access businesses that uphold patriotic values. Revenue in this segment is primarily generated through advertising and eCommerce transactions.
- Brands Segment: Under this segment, PSQ Holdings owns and operates a brand specializing in the online sale of diapers and wipes, contributing to its revenue stream.
In recent achievements, PSQ Holdings has successfully expanded its user base, fostering a community of like-minded individuals who prioritize values in their purchasing decisions. The platform continues to grow, attracting both consumers and businesses eager to engage in value-driven commerce.
PSQ Holdings, Inc. maintains a strong financial condition, bolstered by steady revenue from its two segments. The company is continuously exploring new partnerships and projects to enhance its offerings and reach. The commitment to its mission and the support of its growing community position PSQ Holdings as a significant player in values-based commerce.
For investors and consumers alike, PSQ Holdings, Inc. represents a unique blend of commerce and community, driven by a dedication to purpose and principles.
PublicSquare (NYSE: PSQH) has secured a $10 million convertible note from a board member and affiliates to fund its new payments business. This investment aims to support the company's expansion of its marketplace and payments ecosystem. CEO Michael Seifert highlighted the company's focus on developing a cancel-proof payments system for its merchants.
Key points:
- Over $200 million in annualized GMV already under contract and integrating
- Targeting $1 billion in annualized GMV by early 2024 Christmas season
- Notes convertible at $4.63641 per share
- 9.75% annual interest rate
- Maturity in 2034 unless converted earlier
PSQ Holdings, Inc. (NYSE: PSQH), operating as PublicSquare, is set to ring the closing bell at the New York Stock Exchange on July 30, 2024. This event marks the company's first anniversary as a public entity. PublicSquare, described as America's leading commerce and payments ecosystem valuing life, family, and liberty, is celebrating its milestone year on the NYSE. Michael Seifert, Chairman and CEO of PublicSquare, expressed gratitude towards employees, customers, merchants, and supporters who have contributed to the company's vision of values-aligned commerce.
PSQ Holdings, Inc. (NYSE: PSQH), operating as PublicSquare, will release its Q2 2024 financial results on August 14, 2024, before the U.S. market opens. A management discussion webcast is scheduled for 9:00 AM ET the same day. Investors can access the live webcast and replay on PublicSquare's Investor Relations website. Management will address pre-submitted questions during the call, which can be submitted via the Say Technologies platform from August 5, 2024.
PublicSquare, America's leading commerce and payments ecosystem, operates in three segments: Marketplace, Financial Technology, and Brands. The company aims to help consumers align their shopping with their values. Its FinTech segment includes Credova, while the Brands segment features EveryLife, a D2C baby products company.
PSQ Holdings, Inc. (NYSE: PSQH), operating as PublicSquare, has announced a strategic partnership with Sticker Mule, a custom printed products company. This collaboration aims to provide exclusive discounts to PublicSquare merchants and consumers, highlighting the economic potential of values-aligned commerce.
The partnership follows Sticker Mule Cofounder Anthony Constantino's public support for conservative values and free speech. PublicSquare's CEO, Michael Seifert, emphasized the shared commitment to liberty and the benefits this collaboration will bring to the PublicSquare Marketplace. The partnership is positioned as a stand against political intimidation and in support of diverse viewpoints in business and politics.
PSQ Holdings (NYSE: PSQH), known as PublicSquare, announced plans to migrate its Marketplace segment to the Rumble Cloud platform. The move aims to create a more secure and resilient ecosystem for its commerce and payments business. Michael Seifert, CEO of PublicSquare, stated that this migration is important for developing an uncancellable ecosystem aligned with their values of life, family, and freedom. Chris Pavlovski, CEO of Rumble, highlighted that Rumble Cloud is designed to support content creators and businesses against Big Tech constraints, making PublicSquare an ideal partner. This partnership is expected to bolster the growth of the parallel economy.
PublicSquare (NYSE: PSQH) has announced its first-ever Parallel Economy Summit, slated for October 10-11, 2024, at the Rosen Shingle Creek Resort in Orlando, FL. The summit aims to unite like-minded individuals and businesses dedicated to values such as life, family, and freedom. Notable speakers include Donald Trump Jr., Vivek Ramaswamy, and Governor Doug Burgum. The event will feature networking opportunities, speaking sessions, and a ‘Shark Tank’ style pitch competition. PublicSquare partners with Rumble as the Premier Media Partner for this event.
PublicSquare (NYSE: PSQH) reported a significant increase in net revenue for Q1 2024, up by over 800% YoY to $3.5 million. Pro forma net revenue reached $6.4 million, surpassing the total for 2023. Key highlights include the acquisition of Credova, a BNPL provider, and the development of PSQPayments, an uncancellable payment stack. The Marketplace segment saw a 150% revenue increase, while the Brand segment contributed $2.1 million, 75% of which was subscription-based. Despite transaction costs of $2.3 million related to the Credova acquisition, the company ended the quarter with $19.3 million in cash. The updated 2024 outlook projects year-end revenue between $47 million and $53 million, with multiple product launches and a focus on PSQPayments development.
PSQ Holdings, Inc. (NYSE: PSQH) announced the launch of PublicSquare Live, a platform for customers to swap big-box retail brands with small-business products. Hosted by Erin Elmore, the show features exclusive discounts on Public Square storefront products, aiming to connect consumers with like-minded patriots and values. PublicSquare aims to revolutionize shopping habits and promote a culture of commerce, not boycotts.
PublicSquare, Inc. launches '30 Products to Swap' campaign encouraging consumers to switch to values-aligned American brands from woke corporations. The initiative offers risk-free promotional opportunities across various household essentials. Michael Seifert, CEO, emphasizes the impact of small changes on the economy and guarantees customer satisfaction with the option to return any unsatisfactory items for a refund.
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