The Pulte Family Office Invests in GrabAGun, under ticker $CLBR, Colombier Acquisition Corp. II (NYSE:CLBR)

Rhea-AI Summary

The Pulte Family Office has announced an investment in GrabAGun, which is merging with Colombier Acquisition Corp II (NYSE: CLBR). William J. Pulte, Chairman of The Pulte Family Office, expressed enthusiasm for the SPAC merger, highlighting GrabAGun's achievement of profitability on $99.5 million in revenue.

GrabAGun operates as a digitally native retailer specializing in firearms, ammunition, related accessories, and outdoor enthusiast products. The company focuses on serving the next generation of firearms enthusiasts, sportsmen, and defenders.

Positive

• Company achieved profitability on $99.5 million in revenue
• Strategic investment from established Pulte Family Office
• Digital-first business model in growing firearms retail sector

Negative

• None.

BOCA RATON, Fla., Jan. 15, 2025 /PRNewswire/ -- The Pulte Family Office has taken a position in GrabAGun, Colombier Acquisition Corp II, listed on the New York Stock Exchange under ticker, CLBR.

William J. Pulte, Chairman of The Pulte Family Office, stated "We are very excited about this SPAC merger and the future of the company. Much like the 1^st amendment, the 2^nd amendment must be protected, and we believe there is no better way to exercise this belief than by investing in GrabAGun, under ticker CLBR. The team is doing incredible work, and we look forward to potentially investing further as the company achieved profitability on $99.5 million in revenue."

About CLBR:
GrabAGun is a fast growing, digitally native retailer of firearms and ammunition ("F&A"), related accessories and other outdoor enthusiast products focused on the next generation of firearms enthusiasts, sportsmen and defenders.

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SOURCE The Pulte Family

FAQ

What is GrabAGun's revenue performance before merging with CLBR?

According to the press release, GrabAGun achieved profitability on $99.5 million in revenue.

What is the strategic focus of GrabAGun under CLBR?

GrabAGun operates as a digitally native retailer of firearms, ammunition, related accessories, and outdoor enthusiast products, focusing on next-generation firearms enthusiasts, sportsmen, and defenders.

Who is the latest major investor in CLBR's GrabAGun merger?

The Pulte Family Office has taken a position in GrabAGun, which is merging with Colombier Acquisition Corp II (CLBR).

What exchange is CLBR listed on?

CLBR (Colombier Acquisition Corp II) is listed on the New York Stock Exchange (NYSE).