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0 -0.0746268656716419 -0.0746268656716419 -0.0746268656716419 -0.0746268656716419 -0.0746268656716419 0.0261194029850746 0.00746268656716419
Stock impact report

PublicSquare Announces Agreement for $10 Million Convertible Note to Fund New Payments Business

PSQ Holdings, Inc. Class A (PSQH) 
Company Research Source: Business Wire
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--PSQ Holdings, Inc. (NYSE: PSQH) (“PublicSquare,” or the “Company”), America's leading commerce and payments ecosystem valuing life, family, and liberty, today announced it has entered into an agreement for a $10.0 million convertible note in a private placement with a board member and his affiliates. The note has substantively identical terms to the notes offered in March 2024.This investment underscores PublicSquare's efforts in building a marketplace and payments ecosystem, free from the risk of cancellation. The contributed capital is intended to fuel PublicSquare's continued innovation and expansion of its new payments business as it looks to capitalize on the strong demand expressed by its existing Marketplace and Financial Technology merchants.Michael Seifert, Chairman and Chief Executive Officer of PublicSquare, commented, “This year, we’ve focused on developing our payments business in order to serve our tens of thousands of merchant Show less Read more
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