Latest news with #GrabAGun
Business Wire
18 hours ago
- Business
- Business Wire
GrabAGun To Report Second Quarter 2025 Financial Results
COPPELL, Texas--(BUSINESS WIRE)--GrabAGun Digital Holdings Inc. ('GrabAGun' or the 'Company') (NYSE:PEW), an online retailer of firearms, ammunition and related accessories, will report financial results for the second quarter 2025 on Thursday, August 14, 2025, after the U.S. stock market closes. Management will host a conference call at 4:30 PM ET the same day to discuss the results. The live webcast and replay will be accessible on the Company's Investor Relations website at Marc Nemati, CEO of GrabAGun, commented, 'We are excited to share our financial results and host our first earnings call as a newly public company. This milestone provides us with enhanced access to capital markets and strategic resources to accelerate our growth and deliver value to shareholders. Our strategy remains focused on strategic acquisitions that complement our platform, continued investment in our technology infrastructure, and capturing a larger share of the F&A market by serving mobile-first enthusiasts, sportsmen, and defenders nationwide." About GrabAGun We are defenders. We are sportsmen. We are outdoorsmen. We believe that it is our American duty to help everyone, from first-time buyers to long-time enthusiasts, understand and legally secure their firearms and accessories. That's why our arsenal is fully packed, consistently refreshed, and always loaded with high-quality, affordable firearms and accessories. Industry-leading brands that GrabAGun works with include Smith & Wesson Brands, Sturm, Ruger & Co., SIG Sauer, Glock, Springfield Armory and Hornady Manufacturing, among others. GrabAGun is a fast growing, digitally native eCommerce retailer of firearms and ammunition, related accessories and other outdoor enthusiast products. Building on its proprietary software expertise, GrabAGun's eCommerce site has become one of the leading firearm retail websites. In addition to its eCommerce excellence, GrabAGun has developed industry-leading solutions that revolutionize supply chain management, combining dynamic inventory and order management with AI-powered pricing and demand forecasting. These advancements enable seamless logistics, efficient regulatory compliance and a streamlined experience for customers. Forward-Looking Statements Any statements other than statements of historical fact contained herein are forward-looking statements. Such forward-looking statements include, but are not limited to, expectations, hopes, beliefs, intentions, plans, prospects, financial results or strategies regarding GrabAGun held by GrabAGun's management team and the products and markets, future financial condition, expected future performance and market opportunities of GrabAGun. These forward-looking statements generally are identified by the words 'anticipate,' 'believe,' 'could,' 'expect,' 'estimate,' 'future,' 'intend,' 'may,' 'might,' 'plan,' 'predict,' 'project,' 'should,' 'will,' 'would,' 'will likely result,' and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including, without limitation: (i) changes in business, market, financial, political and legal conditions, (ii) changes in GrabAGun's relationships with its vendor partners, the availability of their products and the terms of any agreements governing those relationships, (iii) negative publicity or broader changes in public perceptions about GrabAGun or the firearms industry as a whole, (iv) changes in laws and regulations affecting GrabAGun's business, (v) risk of loss of key influencers, media outlets and promoters of GrabAGun's business or a loss of reputation of GrabAGun or reduced interest in the mission and values of GrabAGun and the segment of the consumer marketplace it intends to serve, (vi) risks of product liability or regulatory lawsuits relating to GrabAGun's products, (vii) demand for GrabAGun's current and future product offerings, (viii) the ability to implement business plans, growth, marketplace and other expectations, and identify and realize additional opportunities, (ix) risks related to GrabAGun's potential inability to achieve or maintain profitability and generate significant revenue, (x) expectations with respect to future operating and financial performance and growth, (xi) the ability of GrabAGun to maintain and obtain, as necessary, any permits necessary for the conduct of GrabAGun's business, including federal firearm licenses issued pursuant to the Gun Control Act, 18 USC 921 et seq. and special occupational taxpayer stamps issued pursuant to the National Firearms Act, 26 USC 5849 et seq., and (xii) the risk of economic downturn, increased competition, a changing regulatory landscape and related impacts that could occur in the highly competitive consumer marketplace, both online and through 'brick and mortar' operations. The foregoing list of factors is not exhaustive. Recipients should carefully consider such factors and the other risks and uncertainties described in the 'Risk Factors' section of the Registration Statement on Form S-4, as amended, filed by GrabAGun, including the definitive proxy/prospectus declared effective by the United States Securities and Exchange Commission ('SEC') on June 20, 2025 and other documents filed or to be filed by GrabAGun from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Recipients are cautioned not to put undue reliance on forward-looking statements, and GrabAGun does not assume any obligation to, nor intends to, update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by U.S. federal securities law.
Business Wire
5 days ago
- Business
- Business Wire
GrabAGun Applauds Ruling Upholding Second Amendment
COPPELL, Texas--(BUSINESS WIRE)--GrabAGun Digital Holdings Inc. ('GrabAGun' or the 'Company') (NYSE:PEW), an online retailer of firearms, ammunition and related accessories, today provided the following statements applauding the Ninth Circuit's ruling in Rhode v. Bonta, which struck down California's ammunition background check law as unconstitutional. In a 2-1 decision, the appellate court ruled that California's requirement for a background check before every ammunition purchase violates the Second Amendment. Kim Rhode, six-time shooting sports Olympian, said, 'This ruling affirms the strength of our Constitution and the enduring rights of responsible citizens. The Second Amendment guarantees more than just access—it guarantees trust, freedom, and the ability to participate fully in the traditions that define our nation. I'm honored to have played a role in securing this important victory for all Americans who value liberty and lawful ownership, and I'm grateful to the California Rifle & Pistol Association, the NRA, and everyone who stood shoulder to shoulder in this effort.' Marc Nemati, CEO of GrabAGun, commented, 'We applaud today's ruling, which supports the Constitution and Second Amendment rights of every American. GrabAGun believes in pro-America, pro-freedom values, and today's decision preserves and protects our fundamental rights as Americans.' About GrabAGun We are defenders. We are sportsmen. We are outdoorsmen. We believe that it is our American duty to help everyone, from first-time buyers to long-time enthusiasts, understand and legally secure their firearms and accessories. That's why our arsenal is fully packed, consistently refreshed, and always loaded with high-quality, affordable firearms and accessories. Industry-leading brands that GrabAGun works with include Smith & Wesson Brands, Sturm, Ruger & Co., SIG Sauer, Glock, Springfield Armory and Hornady Manufacturing, among others. GrabAGun is a fast growing, digitally native eCommerce retailer of firearms and ammunition, related accessories and other outdoor enthusiast products. Building on its proprietary software expertise, GrabAGun's eCommerce site has become one of the leading firearm retail websites. In addition to its eCommerce excellence, GrabAGun has developed industry-leading solutions that revolutionize supply chain management, combining dynamic inventory and order management with AI-powered pricing and demand forecasting. These advancements enable seamless logistics, efficient regulatory compliance and a streamlined experience for customers. Forward-Looking Statements Any statements other than statements of historical fact contained herein are forward-looking statements. Such forward-looking statements include, but are not limited to, expectations, hopes, beliefs, intentions, plans, prospects, financial results or strategies regarding GrabAGun held by GrabAGun's management team and the products and markets, future financial condition, expected future performance and market opportunities of GrabAGun. These forward-looking statements generally are identified by the words 'anticipate,' 'believe,' 'could,' 'expect,' 'estimate,' 'future,' 'intend,' 'may,' 'might,' 'plan,' 'predict,' 'project,' 'should,' 'will,' 'would,' 'will likely result,' and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including, without limitation: (i) changes in business, market, financial, political and legal conditions, (ii) changes in GrabAGun's relationships with its vendor partners, the availability of their products and the terms of any agreements governing those relationships, (iii) negative publicity or broader changes in public perceptions about GrabAGun or the firearms industry as a whole, (iv) changes in laws and regulations affecting GrabAGun's business, (v) risk of loss of key influencers, media outlets and promoters of GrabAGun's business or a loss of reputation of GrabAGun or reduced interest in the mission and values of GrabAGun and the segment of the consumer marketplace it intends to serve, (vi) risks of product liability or regulatory lawsuits relating to GrabAGun's products, (vii) demand for GrabAGun's current and future product offerings, (viii) the ability to implement business plans, growth, marketplace and other expectations, and identify and realize additional opportunities, (ix) risks related to GrabAGun's potential inability to achieve or maintain profitability and generate significant revenue, (x) expectations with respect to future operating and financial performance and growth, (xi) the ability of GrabAGun to maintain and obtain, as necessary, any permits necessary for the conduct of GrabAGun's business, including federal firearm licenses issued pursuant to the Gun Control Act, 18 USC 921 et seq. and special occupational taxpayer stamps issued pursuant to the National Firearms Act, 26 USC 5849 et seq., and (xii) the risk of economic downturn, increased competition, a changing regulatory landscape and related impacts that could occur in the highly competitive consumer marketplace, both online and through 'brick and mortar' operations. The foregoing list of factors is not exhaustive. Recipients should carefully consider such factors and the other risks and uncertainties described in the 'Risk Factors' section of the Registration Statement on Form S-4, as amended, filed by GrabAGun, including the definitive proxy/prospectus declared effective by the United States Securities and Exchange Commission ('SEC') on June 20, 2025 and other documents filed or to be filed by GrabAGun from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Recipients are cautioned not to put undue reliance on forward-looking statements, and GrabAGun does not assume any obligation to, nor intends to, update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by U.S. federal securities law.
Bloomberg
22-07-2025
- Business
- Bloomberg
GrabAGun Shares Tank as Trump Jr.'s Pitch Falls Flat
Shares of GrabAGun Digital Holdings Inc. have slumped since their public debut even after Donald Trump Jr. extolled the online firearms retailer. The stock slid about 50% across its first four sessions after trading began on July 16 following a merger with a special-purpose acquisition company. Shares are higher on Tuesday, but are still trading well below their $10 initial public offering price at around $8.50.
Yahoo
19-07-2025
- Business
- Yahoo
GrabAGun stock price declines after SPAC merger and listing on NYSE
GrabAGun Digital Holdings, an online firearms store backed by Donald Trump Jr., did not have the stock market debut that he and other shareholders had hoped for. Instead, its shares fell 23% Thursday on their first day of trading on the New York Stock Exchange (NYSE). This new tax deduction in Trump's 'big, beautiful bill' lets people cash in on charitable donations up to $2,000. Here's what to know These are the 3 best questions to ask at the end of your job interview Ikea is launching new smart home products, and they're designed to be extra easy to use The stock, which trades under the ticker PEW, was down again about 1.23% in premarket trading on Friday as of this writing. The president's eldest son had started Wednesday with a triumphant tone. Donald Trump Jr. rang the NYSE's opening bell as people chanted 'USA,' just one day after fellow shareholders had approved GrabAGun's merger with Colombier Acquisition Corp. II, a special purpose acquisition company, or SPAC. He was joined by the SPAC's CEO, Omeed Malik. Trump Jr., who owns 300,000 shares of GrabAGun, according to a filing with the Securities and Exchange Commission (SEC), trumpeted the market debut of a firm that trades in firearms. In an interview with Fox Business, he stated, 'To be able to come back to the New York Stock Exchange and actually take a gun company public feels like such a vindication of all the insanity, all of the 'woke' nonsense that we've been watching and facing for the last decade in America.' GrabAGun raised $179 million in gross proceeds from the merger, according to the company. Malik and Trump Jr. are both also connected to 1789 Capital, as president and a partner, respectively. The decision to merge with a SPAC is an interesting one. Markets experienced a SPAC boom during the early pandemic years, but their bubble has long since burst. In its place is a long list of failed SPAC mergers and—in some cases—lessons learned by companies like BuzzFeed, Virgin Galactic, and 23andMe. This post originally appeared at to get the Fast Company newsletter:
Yahoo
19-07-2025
- Business
- Yahoo
Don Jr.'s ‘Amazon of Guns' Immediately Tanks on Stock Market Debut
A gun-selling venture backed by Donald Trump Jr. had an abysmal opening day on Wall Street. GrabAGun—an online firearms marketplace that Don Jr.'s business partner, Omeed Malik, has described as the 'Amazon of guns'—opened on the New York Stock Exchange Wednesday. But Trump and Malik's jubilant chants of 'U.S.A.! U.S.A! at the opening bell turned to frowns as the company's shares plummeted 25 percent by 3 p.m. Don Jr. had bought 300,000 shares in an affiliate company and sits on GrabAGun's board, Bloomberg reported. The share price ended the day 24 percent down, shearing $1 million off Don Jr.'s holdings, though his shares were still worth $4 million at the closing bell. Don Jr. and Malik are partners at 1789 Capital, an investment group that focuses on the 'anti-woke' economy. Representatives for GrabAGun, which traded under the ticker PEW, had argued that gun companies were being 'stymied by 'woke' capital constraints.' Don Jr. called the company's public listing on the stock exchange part of a growing 'counterculture.' 'I heard about it when I was on the campaign trail all over the place,' he said in an interview with Bloomberg. 'People had a genuine fear that their way of life was just going to be able to be turned off.' 'What we're giving them with the cash and the public stock and the notoriety is going to allow them to really grow,' he said, Bloomberg reported. The company's chief executive, Marc Nemati, told Trump Jr.'s podcast, Triggered, last week that the platform was aimed at 'the younger demographic.' 'People like me who buy everything online,' he said. Last month, he told potential investors that millennials and Gen Z 'are now shaping the future of firearms retail.' 'Why shouldn't we be able to buy a firearm, which is protected by the Second Amendment, in the same vein?' he said. GrabAGun marks Don Jr.'s latest business venture. He has joined at least eight corporate boards and advisory committees since his father won the election last year. Don Jr. also serves as executive vice president of development and acquisitions at the Trump Organization, the holding company for most of his father's business ventures. Junior has also served as Director of Trump Media & Technology Group Corp. and as a director at Public Square Holdings Inc. since November. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
