BUZZ-PSQ Holdings retreats on direct stock offering after Tuesday's skyrocket

Reuters
2024-12-04
BUZZ-PSQ Holdings retreats on direct stock offering after Tuesday's skyrocket

** Shares of digital platform PSQ Holdings PSQH.N down 32.1% to $5.18 premarket as it raises equity after seeing its stock skyrocket in previous session

** The owner of online marketplace PublicSquare's stock closed up 270% at $7.63 on Tuesday after Bloomberg reported Donald Trump Jr. to join co's board

** West Palm Beach, Florida-based firm early Weds said it sold ~7.8 mln shares in registered direct offering at $4.63 for gross proceeds of ~$36.2 mln

** Co plans to use net proceeds for general corp purposes

** It has ~34.76 mln shares outstanding for $265 mln market cap as of Tuesday, and ~19.7 mln shares of public float, per LSEG

** PSQH went public in Jul 2023 after SPAC merger

** President-elect Donald Trump's eldest son, Donald Jr., joined venture capital firm 1789 Capital as a partner last month

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10