"Donald Trump Jr. stated, "To be able to come back to the New York Stock Exchange and actually take a gun company public feels like such a vindication of all the insanity, all of the 'woke' nonsense that we've been watching and facing for the last decade in America.""
"GrabAGun raised $179 million in gross proceeds from the merger with Colombier Acquisition Corp. II, a special purpose acquisition company, or SPAC."
GrabAGun Digital Holdings, supported by Donald Trump Jr., faced a stock market debut that fell short, experiencing a 23% drop on its first trading day on the NYSE under the ticker PEW. Following a celebratory opening bell ceremony, the stock continued to decline with a 1.23% premarket drop the next day. GrabAGun secured $179 million in gross proceeds through its merger with Colombier Acquisition Corp. II, amid a challenging landscape for SPAC mergers, which have seen a significant downturn since their early pandemic boom.
Read at Fast Company
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