CFPB closes Credova investigation at PSQ Holdings (NYSE: PSQH) subsidiary

Rhea-AI Filing Summary

PSQ Holdings, Inc. reported that the Consumer Financial Protection Bureau has closed its investigation into Credova Financial LLC, a wholly owned subsidiary of the company. The update was shared through a press release dated August 19, 2025, which is included as an exhibit to this report. This resolution removes an outstanding regulatory review related to the subsidiary’s activities.

Insights

Regulatory and governance analyst

CFPB closes an investigation into PSQ Holdings’ Credova unit.

PSQ Holdings, Inc. disclosed that the Consumer Financial Protection Bureau has closed its investigation into its wholly owned subsidiary, Credova Financial LLC. The company communicated this outcome via an August 19, 2025 press release that is attached as an exhibit. The filing does not describe any additional terms or consequences linked to the closure.

The end of a federal consumer finance investigation can reduce regulatory uncertainty around the subsidiary’s operations. However, without details on any findings, conditions, or financial impact, the overall effect on the business remains a high-level governance development rather than a clearly quantifiable event.

false 0001847064 0001847064 2025-08-19 2025-08-19 0001847064 psqh:ClassCommonStockParValue0.0001PerShareMember 2025-08-19 2025-08-19 0001847064 psqh:RedeemableWarrantsEachWholeWarrantExercisableForOneShareOfClassCommonStockAtExercisePriceOf11.50PerShareMember 2025-08-19 2025-08-19 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 19, 2025

PSQ Holdings, Inc.

(Exact name of registrant as specified in its charter)

Delaware		001-40457		86-2062844
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification Number)

313 Datura Street, Suite 200 West Palm Beach, Florida		33401
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (877) 776-2402

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Class A common stock, par value $0.0001 per share		PSQH		New York Stock Exchange
Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share		PSQH.WS		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 8.01. Other Events.

On August 19, 2025, PSQ Holdings, Inc. (the “Company”) issued a press release announcing the closure of the investigation by the Consumer Financial Protection Bureau into a wholly owned subsidiary of the Company, Credova Financial LLC. The press release is filed herewith as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this Item 8.01 by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit		Description
99.1		Press Release, dated August 19, 2025
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PSQ Holdings, Inc.
Date: August 20, 2025	By:	/s/ Michael Seifert
	Name:	Michael Seifert
	Title:	Founder, Chairman and Chief Executive Officer

2

FAQ

What did PSQ Holdings (PSQH) disclose in this Form 8-K?

The company reported that the Consumer Financial Protection Bureau has closed its investigation into its wholly owned subsidiary, Credova Financial LLC, and furnished a related press release.

Which PSQ Holdings subsidiary was under CFPB investigation?

The investigation involved Credova Financial LLC, which is described as a wholly owned subsidiary of PSQ Holdings, Inc.

When did PSQ Holdings announce the closure of the CFPB investigation?

PSQ Holdings announced the closure in a press release dated August 19, 2025, which is included as Exhibit 99.1.

Does the 8-K say what actions the CFPB took against PSQ Holdings or Credova?

The disclosure states that the CFPB investigation into Credova Financial LLC has been closed, but it does not provide additional detail on actions, terms, or financial effects.

Where can investors find more details about the CFPB matter for PSQH?

More information, if any, would be in the press release filed as Exhibit 99.1 to this report.