Mentioned:
One of the fastest growing firearm retailers in America is now a publicly traded company on the New York Stock Exchange. And Donald Trump Jr is behind it.
What’s happening:
- GrabAGun (NYSE: PEW) has successfully completed their SPAC deal with Colombier Acquisition Corp II and begun trading on the New York Stock Exchange
By the numbers:
- The successful SPAC transaction gives GrabAGun roughly $119M in growth capital
Why it matters:
- GrabAGun is one of the only publicly traded companies in North America who is fully focused on operating a fully digital marketplace for firearms and weapon sales
Going deeper:
- GrabAGun retails firearms, ammunition, gun accessories and hunting supplies all through their online marketplace
- GrabAGun previously made waves on Wall Street when they announced Donald Trump Jr was a major investor and would also become an advisor to the company
