PSQ Holdings 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
Portfolio Pulse from Benzinga Newsdesk
PSQ Holdings has entered into an agreement for a $10.0 million convertible note in a private placement with a board member and his affiliates.
August 14, 2024 | 10:01 am
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PSQ Holdings has secured a $10 million convertible note in a private placement with a board member and his affiliates. This infusion of capital could provide the company with additional financial flexibility.
The $10 million convertible note provides PSQ Holdings with additional capital, which can be used for growth initiatives or to strengthen its balance sheet. The involvement of a board member and his affiliates suggests strong internal confidence in the company's prospects.
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