Omeed Malik’s SPAC Nears Deal With ‘Patriotic’ Marketplace PublicSq.
- Combined entity would have a value of more than $200 million
- PSQ says it’s No. 1 marketplace of ‘America-first’ businesses
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Omeed Malik’s Colombier Acquisition Corp., a blank-check firm, agreed to merge with PSQ Holdings Inc., a marketplace that connects who it describes as “freedom-loving” Americans, according to people with knowledge of the matter.
The combined entity is set to be valued at more than $200 million, said the people, who requested anonymity discussing confidential information. A transaction may be announced as soon as Monday.