Colombier Acquisition Corp. III Announces Pricing of $260 Million Initial Public Offering

Rhea-AI Summary

Colombier Acquisition Corp. III (NYSE: CLBRU) priced a $260.0 million initial public offering of 26,000,000 units at $10.00 per unit, with trading of units beginning February 4, 2026. Each unit includes one Class A ordinary share and one-eighth of a warrant exercisable at $11.50.

The securities are expected to separate into Class A shares (NYSE: CLBR) and warrants (NYSE: CLBR WS) when trading separately. The SEC declared the registration effective January 30, 2026. The underwriters have a 45-day option to purchase up to 3,900,000 additional units.

Positive

• Initial public offering raised $260.0 million (26,000,000 units at $10.00)
• Underwriters granted a 45-day over-allotment option for 3,900,000 additional units
• Units include warrants exercisable at $11.50, offering potential future proceeds
• Listing on the NYSE under CLBRU (units) with planned CLBR and CLBR WS symbols

Negative

• Company is a blank check vehicle with no announced target or revenue
• Warrants create potential future shareholder dilution if exercised at $11.50
• Over-allotment option of 3,900,000 units could increase float and dilution

Key Figures

IPO size: $260 million Units offered: 26,000,000 units Unit price: $10.00 per unit +5 more

8 metrics

IPO size $260 million Initial public offering units value

Units offered 26,000,000 units Base offering size

Unit price $10.00 per unit Initial public offering price

Warrant fraction 1/8 redeemable warrant Each unit composition

Warrant strike $11.50 per share Exercise price for whole warrant

Over-allotment option 3,900,000 units Underwriters’ 45-day option size

Option period 45 days Duration of underwriters’ over-allotment option

SEC effectiveness date January 30, 2026 Registration statement declared effective

Market Reality Check

normal vol

Market Pulse Summary

This announcement details the pricing and structure of Colombier Acquisition Corp. III’s IPO, includ...

Analysis

This announcement details the pricing and structure of Colombier Acquisition Corp. III’s IPO, including 26,000,000 units at $10.00 and attached fractional redeemable warrants exercisable at $11.50. As a blank check company, it intends to pursue a future business combination, with broad flexibility on sector focus. The effectiveness of the registration on January 30, 2026 and the 45-day over-allotment option frame the initial capital raise; investors may watch for any merger announcement and changes to deal terms.

Key Terms

initial public offering, blank check company, redeemable warrant, registration statement, +2 more

6 terms

initial public offering financial

"today announced the pricing of its initial public offering of 26,000,000 units"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

blank check company financial

"Colombier III is a blank check company formed for the purpose of effecting a merger"

A blank check company is a publicly listed shell that raises money from investors before naming a specific business to buy or merge with, similar to handing a cashier a signed check and asking them to fill in the payee later. It matters to investors because it offers a faster, often cheaper path for private firms to become public, but carries extra risk since returns depend on the organizers’ ability to find a good deal and on limited information about the future business.

redeemable warrant financial

"one-eighth of one redeemable warrant, with each whole warrant exercisable"

A redeemable warrant is a financial tool that gives its holder the right to buy shares of a company at a fixed price within a certain period. If the holder chooses to do so, the company can buy back or cancel the warrant before it expires, often to encourage investment or manage share issuance. For investors, it provides an option to potentially buy shares at a favorable price while offering some flexibility for the issuing company.

registration statement regulatory

"A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission"

A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.

prospectus regulatory

"The offering is being made only by means of a prospectus."

A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.

over-allotments financial

"option to purchase up to an additional 3,900,000 units ... to cover over-allotments, if any."

An over-allotment is a temporary extra batch of shares that the underwriters of a stock offering are allowed to sell beyond the original amount, with the right to buy those shares back later. Think of it as spare tickets sold to meet demand and then reclaimed if needed to keep the market orderly; it helps stabilize the stock price after an offering and can affect short-term supply and potential dilution, which matters to investors tracking price and ownership stakes.

AI-generated analysis. Not financial advice.

New York, NY, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Colombier Acquisition Corp. III (the “Company,” “Colombier III”) today announced the pricing of its initial public offering of 26,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange (“NYSE”) and trade under the ticker symbol “CLBR U” beginning on February 4, 2026. Each unit consists of one Class A ordinary share and one-eighth of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share. After the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the NYSE under the symbols “CLBR” and “CLBR WS,” respectively.

Colombier III is a blank check company formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While Colombier III may pursue an initial business combination in any business or industry but expects to focus on a target in an industry where it believes its management team and founder’s expertise will provide it with a competitive advantage.

The team is led by seasoned capital markets professionals including, Chief Executive Officer and Chairman, Omeed Malik, President, Paul T. Abrahimzadeh, Chief Financial Officer, Joe Voboril, Chief Investment Officer, Andrew Nasser, and Chief Operating Officer, Jordan Cohen. The Company’s board of directors includes Donald J. Trump Jr., Partner at 1789 Capital, Chris Buskirk, Founder and Chief Investment Officer of 1789 Capital; Candice Willoughby, Capital Markets Executive; Blake Masters, Director of PSQ Holdings, Inc and GrabAGun Digital Holdings Inc.; Chamath Palihapitiya, Founder and Managing Partner of Social Capital; and Laura Ingraham, Host of “The Ingraham Angle” on Fox News.

Roth Capital Partners is acting as sole book running manager and representative of the underwriters of the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,900,000 units at the initial public offering price less the underwriting discounts and commissions to cover over-allotments, if any.

The offering is being made only by means of a prospectus. When available, copies of the prospectus relating to the offering may be obtained from Roth Capital Partners, LLC, Attention: 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660, or by email: rothecm@roth.com.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on January 30, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state or jurisdiction.

Forward Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or change after the date of this release, except as required by law.

FAQ

What did Colombier Acquisition Corp. III (CLBRU) price its IPO at and when did trading begin?

They priced the IPO at $10.00 per unit, totaling $260.0 million. According to Colombier Acquisition Corp. III, unit trading began on February 4, 2026, with units listed on the NYSE under the symbol CLBRU.

What does each Colombier (CLBRU) unit include and what is the warrant exercise price?

Each unit contains one Class A ordinary share and one-eighth of a warrant. According to Colombier Acquisition Corp., each whole warrant is exercisable to buy one Class A share at $11.50 per share.

Will Colombier Acquisition Corp. III (CLBRU) offer more units after the IPO?

Yes. According to Colombier Acquisition Corp., underwriters have a 45-day option to buy up to 3,900,000 additional units to cover over-allotments, exercisable at the IPO price less underwriting discounts and commissions.

What exchange symbols will Colombier use after the securities separate?

Once units separate, the Class A ordinary shares are expected to trade as CLBR and the warrants as CLBR WS. According to Colombier Acquisition Corp., the units initially trade as CLBRU on the NYSE.

What is Colombier Acquisition Corp. III's (CLBRU) business purpose and regulatory status?

Colombier is a blank check company formed to pursue a business combination. According to Colombier Acquisition Corp., the SEC declared the related registration statement effective on January 30, 2026.