The Pulte Family Office announced it has taken a position in GrabAGun, which is set to merge with Colombier Acquisition Corp. II (CLBR). This investment follows the recent announcement of the definitive business combination agreement. William J. Pulte, Chairman of The Pulte Family Office, expressed strong support for the merger and the company's future.
Mr. Pulte emphasized the importance of protecting the Second Amendment, aligning with GrabAGun's mission as an online retailer of firearms and ammunition. He noted that the investment reflects a belief in the company's work and its potential for growth.
The announcement also highlighted GrabAGun's financial performance, stating that the company achieved profitability on $99.5 million in revenue. This financial detail provides a positive indicator of the underlying business performance to investors.
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