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PublicSquare Congratulates Former Board Member Kelly Loeffler on Confirmation as Administrator of the Small Business Administration

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PSQ Holdings (NYSE: PSQH) announced that former board member Kelly Loeffler has been confirmed as Administrator of the Small Business Administration (SBA) by the United States Senate. Following her confirmation and in accordance with the Company's Corporate Governance Principles, Loeffler submitted her immediate resignation from PublicSquare's Board.

Michael Seifert, Chairman & CEO of PublicSquare, expressed enthusiasm about Loeffler's confirmation, highlighting her pro-freedom track record from her time in the U.S. Senate and her focus on local community engagement. PublicSquare, which operates as a marketplace for liberty-minded small businesses, views this appointment as aligned with their mission of supporting small business growth and innovation.

PSQ Holdings (NYSE: PSQH) ha annunciato che l'ex membro del consiglio Kelly Loeffler è stata confermata come Amministratrice della Small Business Administration (SBA) dal Senato degli Stati Uniti. A seguito della sua conferma e in conformità con i Principi di Governance Aziendale della Società, Loeffler ha presentato le sue dimissioni immediate dal Consiglio di PublicSquare.

Michael Seifert, Presidente e CEO di PublicSquare, ha espresso entusiasmo per la conferma di Loeffler, sottolineando il suo storico favorevole alla libertà durante il suo tempo nel Senato degli Stati Uniti e il suo impegno per il coinvolgimento delle comunità locali. PublicSquare, che opera come un marketplace per piccole imprese orientate alla libertà, vede questa nomina come in linea con la loro missione di sostenere la crescita e l'innovazione delle piccole imprese.

PSQ Holdings (NYSE: PSQH) anunció que la exmiembro de la junta Kelly Loeffler ha sido confirmada como Administradora de la Administración de Pequeñas Empresas (SBA) por el Senado de los Estados Unidos. Tras su confirmación y de acuerdo con los Principios de Gobernanza Corporativa de la Compañía, Loeffler presentó su renuncia inmediata a la Junta de PublicSquare.

Michael Seifert, Presidente y CEO de PublicSquare, expresó su entusiasmo por la confirmación de Loeffler, destacando su historial pro-libertad durante su tiempo en el Senado de EE. UU. y su enfoque en el compromiso con las comunidades locales. PublicSquare, que opera como un mercado para pequeñas empresas con mentalidad de libertad, considera este nombramiento como alineado con su misión de apoyar el crecimiento y la innovación de las pequeñas empresas.

PSQ Holdings (NYSE: PSQH)는 전 이사인 켈리 로플러가 미국 상원에 의해 중소기업청(SBA) 관리자로 임명되었다고 발표했습니다. 그녀의 임명 이후, 회사의 기업 거버넌스 원칙에 따라 로플러는 퍼블릭스퀘어 이사회에서 즉시 사임했습니다.

퍼블릭스퀘어의 회장 겸 CEO인 마이클 세이퍼트는 로플러의 임명에 대해 열정을 표명하며, 그녀의 미국 상원에서의 자유 지향적인 경력과 지역 사회 참여에 대한 집중을 강조했습니다. 퍼블릭스퀘어는 자유를 중시하는 소기업을 위한 시장으로 운영되며, 이번 임명을 소기업의 성장과 혁신을 지원하는 사명에 부합한다고 보고 있습니다.

PSQ Holdings (NYSE: PSQH) a annoncé que l'ancienne membre du conseil Kelly Loeffler a été confirmée comme Administratrice de la Small Business Administration (SBA) par le Sénat des États-Unis. Suite à sa confirmation et conformément aux Principes de Gouvernance de l'Entreprise, Loeffler a présenté sa démission immédiate du Conseil de PublicSquare.

Michael Seifert, Président et CEO de PublicSquare, a exprimé son enthousiasme concernant la confirmation de Loeffler, mettant en avant son parcours pro-liberté durant son temps au Sénat américain et son engagement envers l'implication des communautés locales. PublicSquare, qui opère comme un marché pour les petites entreprises orientées vers la liberté, considère cette nomination comme alignée avec leur mission de soutenir la croissance et l'innovation des petites entreprises.

PSQ Holdings (NYSE: PSQH) gab bekannt, dass das ehemalige Vorstandsmitglied Kelly Loeffler vom Senat der Vereinigten Staaten zur Administratorin der Small Business Administration (SBA) bestätigt wurde. Nach ihrer Bestätigung und gemäß den Unternehmensgrundsätzen zur Corporate Governance hat Loeffler ihren sofortigen Rücktritt vom Vorstand von PublicSquare eingereicht.

Michael Seifert, Vorsitzender und CEO von PublicSquare, äußerte sich begeistert über Loefflers Bestätigung und hob ihren pro-freiheitlichen Werdegang während ihrer Zeit im US-Senat sowie ihren Fokus auf die Einbindung der lokalen Gemeinschaft hervor. PublicSquare, das als Marktplatz für freiheitsorientierte kleine Unternehmen fungiert, betrachtet diese Ernennung als im Einklang mit ihrer Mission, das Wachstum und die Innovation kleiner Unternehmen zu unterstützen.

Positive
  • Former board member's appointment to high-level government position may enhance company's political connections
  • Potential for improved access to SBA resources and small business networks
Negative
  • Loss of experienced board member requiring replacement
  • Potential governance gap during transition period

WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- PSQ Holdings, Inc. (NYSE: PSQH) ("PublicSquare," or the "Company"), today congratulated former board member Kelly Loeffler on her confirmation as Administrator of the Small Business Administration (SBA). Ms. Loeffler was confirmed to her new role by the United States Senate. Per the Company’s Corporate Governance Principles, upon her confirmation, Ms. Loeffler submitted her resignation as a member of the Board, effective immediately.

Michael Seifert, Chairman & CEO of PublicSquare, commented, “We could not be more enthusiastic about Kelly’s confirmation by the Senate to lead the Small Business Administration. President Trump spoke clearly when he nominated Kelly for this role. Small businesses, much like the merchants on PublicSquare, are part of the cornerstone of the success for the second Trump administration, which is focusing on unleashing opportunities for these businesses to grow, innovate, and thrive. Kelly will bring her pro-freedom track record from her time in the United States Senate and her intentional focus on her local community to this essential role in the Trump administration. PublicSquare, as the leading Marketplace focused on empowering liberty-minded small businesses, we know first-hand that these business owners and the communities who support them are the backbone of the economy. I am certain from our time working together that Kelly shares these convictions. With her leadership strength, notable accomplishments as an entrepreneur, and passion for protecting the American dream for small business owners, ‘Main Street’ America should feel a great deal of confidence knowing that they will have an experienced fighter on their side. We are excited to see Kelly lead the charge in helping the Trump Administration advocate for small businesses and everyday Americans, and wish her nothing but success in this new endeavor.”

About PublicSquare

PublicSquare is a technology-enabled marketplace and payments ecosystem serving consumers and merchants who value life, family, and liberty. PublicSquare operates three divisions: Marketplace, Financial Technology, and Brands. The primary mission of the Marketplace is to help consumers "shop their values" and put purpose behind their purchases. PublicSquare leverages data and insights from the Marketplace to assess its customers’ needs and provide wholly-owned quality financial products and brands. PublicSquare’s Financial Technology division comprises Credova, a consumer finance company, and PSQ Payments, a "cancel-proof" payments company. PublicSquare’s Brands division comprises EveryLife, a premium D2C life-affirming baby products company. Visit publicsquare.com to learn more.

Investors Contact:

investment@publicsquare.com

Media Contact:

pr@publicsquare.com

Source: PSQ Holdings, Inc.

FAQ

When did Kelly Loeffler resign from PSQH's board?

Kelly Loeffler resigned from PSQH's board immediately upon her confirmation as Administrator of the Small Business Administration.

What position will Kelly Loeffler hold after leaving PSQH's board?

Kelly Loeffler will serve as the Administrator of the Small Business Administration (SBA) following her confirmation by the United States Senate.

How does Kelly Loeffler's departure affect PSQH's board composition?

Her departure creates an immediate vacancy on PublicSquare's board, as per the Company's Corporate Governance Principles requiring her resignation upon confirmation to the SBA position.

What is the potential impact of Loeffler's SBA appointment on PSQH's business?

The appointment could potentially benefit PSQH through enhanced connections with the SBA and small business networks, although this is not explicitly stated in the announcement.

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