GrabAGun Digital Holdings Inc. Completes Business Combination with Colombier II, Begins Trading on NYSE

GrabAGun, an online firearms retailer, has completed its business combination with Colombier II and will begin trading on the NYSE under the ticker symbol "PEW". The deal raised over $179 million in gross proceeds, which will be used for working capital and growth initiatives. Donald Trump Jr. joins the board of directors, while Marc Nemati remains CEO.

GrabAGun, an online retailer of firearms, ammunition, and related accessories, has successfully completed its business combination with Colombier II. The combined entity, to be named "GrabAGun Digital Holdings," will begin trading on the New York Stock Exchange (NYSE) under the ticker symbols "PEW" and "PEWW" [1].

The deal, which was announced in January 2025, raised over $179 million in gross proceeds. These funds will be used to bolster working capital and support growth initiatives for the combined company. The extraordinary general meeting of Colombier II shareholders, scheduled for July 15, 2025, approved the transaction, paving the way for the completion of the business combination [1].

Donald Trump Jr. has joined the board of directors of the new entity, adding significant strategic and media expertise. Marc Nemati, the CEO of GrabAGun, will continue to lead the company, ensuring a seamless transition and integration of the two entities. Colombier II, led by Omeed Malik, will bring strategic resources and media expertise to the combined company [1].

GrabAGun's digital-first approach and innovative platform, along with Colombier II's strategic resources, are expected to revolutionize the firearms retail landscape. The combined company aims to leverage technology to enhance its platform, expand market presence, and improve customer experience [1].

The business combination is expected to close shortly after the extraordinary general meeting. Shareholders of Colombier II are encouraged to review the proxy statement and voting information carefully before the meeting. The proxy statement can be found on the SEC's website or by contacting Colombier II's proxy solicitor [1].

References:
[1] https://www.businesswire.com/news/home/20250620900912/en/GrabAGun-Announces-Effectiveness-of-Registration-Statement-in-Connection-with-Proposed-Business-Combination-with-Colombier-II