Form 8-K - Current report
13 October 2023 - 7:36AM
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT
REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October
12, 2023
PSQ Holdings, Inc.
(Exact name of registrant as specified in its charter)
Delaware |
|
001-40457 |
|
86-2062844 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(I.R.S. Employer
Identification Number) |
250 S. Australian Avenue, Suite 1300
West Palm Beach, Florida 33401
(Address of principal executive offices, including zip code)
Registrant’s telephone number, including area
code: (877) 776-2402
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of
the Act:
Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
Class A common stock, par value $0.0001 per share |
|
PSQH |
|
New York Stock Exchange |
Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share |
|
PSQH WS |
|
New York Stock Exchange |
Indicate by check mark whether the registrant is an
emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark
if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act.
Item 7.01 Regulation FD Disclosure.
On October 12, 2023, PSQ Holdings,
Inc. (the “Company”) issued a press release announcing effectiveness of its resale registration statement on Form S-1 registering
for resale the shares and warrants issued in connection with the Company’s business combination with Colombier Acquisition Corp.
A copy of the press release is furnished herewith as Exhibit 99.1.
The information in this Item
7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934,
as amended, and shall not be deemed incorporated by reference into any filing with the Securities and Exchange Commission, except as expressly
set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
|
PSQ Holdings, Inc. |
|
|
Date: October 12, 2023 |
By: |
/s/ Michael Seifert |
|
Name: |
Michael Seifert |
|
Title: |
Founder, Chairman and Chief Executive Officer |
Exhibit 99.1
PublicSq.’s
Form S-1 Goes Effective with SEC
WEST PALM BEACH, Fla, October 12,
2023 — PSQ Holdings, Inc. (NYSE: PSQH) (“Public Square”, “the Company”), a leading marketplace of patriotic
businesses and consumers, today announced that the Securities and Exchange Commission (“SEC”) has declared the Company’s
resale registration statement on Form S-1 effective as of October 12, 2023.
Michael Seifert, Founder, Chairman
and Chief Executive Officer, commented, “This is expected and normal course of business in connection with our successful business
combination and we are pleased to have finalized the resale registration statement process for the Form S-1 with the SEC as it is required
by the terms of our registration rights agreement.” Mr. Seifert continued, “Management and insiders continue to be dedicated
to building this business for the long-term, and remain locked-up from selling any shares for up to one year after the close of our business
combination. In fact, none of us have sold any shares to date.”
For additional clarity, PublicSq.’s
Form S-1 does not register any new or additional securities, other than shares issuable upon exercise of existing warrants, and the filing
of the Registration Statement does not represent a follow-on offering.
The shares and warrants registered
for resale on the Form S-1 were issued in connection with the Company’s business combination with Colombier Acquisition Corp.,
which closed on July 19, 2023 (the “Business Combination”). The Form S-1 also registered the shares issuable upon exercise
of the existing warrants. Under the terms of a registration rights agreement with the selling securityholders entered into in connection
with the Business Combination, the Registration Statement was required to be effective within the 60 business days following the closing
date of the Business Combination. Notwithstanding the effectiveness of the Registration Statement, certain holders remain restricted
from selling any shares until the expiration of any lock-up agreements entered into with the Company in connection with the Business
Combination.
For a table outlining the Company’s
share count and more information on the equity lock-up restrictions, please visit the current investor presentation posted on the Investor
Relations website, found here https://investors.publicsq.com/overview/default.aspx.
About PublicSq.
PublicSq.
is an app and website that connects patriotic Americans to high-quality businesses that share their values, both online and in their
local communities. The primary mission of the platform is to help consumers “shop their values” and put purpose behind their
purchases. In just over one year since its nationwide launch, PublicSq. has seen tremendous growth and proven to the nation that the
parallel, “patriotic” economy can be a major force in commerce. The platform has over 65,000 businesses from a variety of
different industries and over 1.4 million consumer members. Additionally, PublicSq. leverages data and insights from the platform to
assess its members’ needs and provide quality wholly-owned products, such as EveryLife diapers and wipes, to fill those needs.
PublicSq. is free to join for both consumers and business owners alike, and to learn more, download the app on the App Store or Google
Play, or visit PublicSq.com.
Contact:
ICR, Inc.
investment@publicsq.com
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Oct. 12, 2023 |
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Oct. 12, 2023
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Entity File Number |
001-40457
|
Entity Registrant Name |
PSQ Holdings, Inc.
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Entity Central Index Key |
0001847064
|
Entity Tax Identification Number |
86-2062844
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
250 S. Australian Avenue
|
Entity Address, Address Line Two |
Suite 1300
|
Entity Address, City or Town |
West Palm Beach
|
Entity Address, State or Province |
FL
|
Entity Address, Postal Zip Code |
33401
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City Area Code |
(877)
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Local Phone Number |
776-2402
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Class A common stock, par value $0.0001 per share |
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|
Trading Symbol |
PSQH
|
Security Exchange Name |
NYSE
|
Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share |
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Title of 12(b) Security |
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