GrabAGun Digital Holdings Inc. Goes Public on NYSE Following Successful Business Combination

GrabAGun Digital Holdings Inc., previously known as Metroplex Trading Company LLC, has successfully finalized its business combination with Colombier Acquisition Corp. II, a special purpose acquisition company. This strategic move is set to propel GrabAGun onto the New York Stock Exchange, where it will trade under the ticker symbols 'PEW' and 'PEWW'. The transaction has bolstered the company's financial standing with over $179 million in gross proceeds, earmarked for accelerating growth initiatives and strategic acquisitions.

Donald Trump Jr., a prominent advocate for the Second Amendment and a recent addition to GrabAGun's Board of Directors, praised the transaction as a clear indicator of the strong belief in GrabAGun's business model and its commitment to upholding pro-American values. Marc Nemati, the CEO of GrabAGun Digital, described this development as a defining moment not only for the company but also for the shooting sports industry at large. Nemati highlighted the opportunity to leverage technology to bring about significant changes in the market.

The minimal redemptions of Colombier II shares reflect a robust investor confidence in GrabAGun's trajectory and the wider Second Amendment movement. Omeed Malik, CEO and Chairman of Colombier II, shared his enthusiasm for backing GrabAGun's ambitious plan to redefine the firearms retail experience. The proceeds from this transaction are expected to drive innovation and expand GrabAGun's footprint in the market.

GrabAGun's platform stands out for its comprehensive product range and exceptional service, catering to a diverse clientele from novices to experienced firearms enthusiasts. The company's collaborations with top-tier brands in the firearms industry further enhance its offerings. With a strong emphasis on technology and adherence to compliance standards, GrabAGun is poised to maintain its leadership in the online retail space for firearms and accessories.