- Colombier Acquisition Corp. II (CLBR, Financial) announces minimal redemptions in its merger with GrabAGun.com.
- The transaction will deliver over $179.1 million to accelerate GrabAGun's growth.
- The business combination is expected to close on July 15, 2025, pending shareholder approval.
Colombier Acquisition Corp. II (CLBR), a special purpose acquisition company, has reported minimal redemption requests in connection with its anticipated business combination with GrabAGun.com, an online retailer specializing in firearms, ammunition, and related accessories. As a result, Colombier II expects to provide over $179.1 million in gross proceeds to GrabAGun Digital Holdings at the closing of the deal.
The business combination is set to finalize on July 15, 2025, contingent upon shareholder approval at an Extraordinary General Meeting. Shareholders of Colombier II, as of the record date of June 20, 2025, are encouraged to vote in the meeting, which will be held virtually.
Subject to obtaining all necessary approvals, including that from the NYSE, GrabAGun Digital securities will trade under the symbols "PEW" and "PEWW" once the transaction is completed. Currently, Colombier II shares trade under the ticker "CLBR".
Colombier II and GrabAGun have highlighted the strategic benefits of the merger, with proceeds aimed at bolstering GrabAGun's growth trajectory and expanding its digital offerings. Further details on the transaction and voting procedures are available in the proxy materials filed with the SEC.
