Public Square (company) explained

PublicSq. (Public Square) is an American online marketplace which bills itself as "anti-woke" and supportive of the pro-life movement as well as conservatism and traditional American values.[1] It was founded by Michael Seifert and is headquartered in West Palm Beach, Florida. As of July 2023, the platform hosts over 55,000 small businesses.[2]

The company is publicly traded as PSQH.[3]

History

PublicSquare was founded by Michael Seifert in 2021 as an alternative to Amazon. It was initially based in San Diego.[4] The platform officially launched on July 4, 2022.[2]

In 2023, the board of directors was chosen to include Michael Seifert, Omeed Malik, Nick Ayers, and Blake Masters.[5]

In February 2023, the company announced that it would consolidate with Colombier Acquisition Group for $200 million in order to go public.[6] [7]

In June 2023, the company announced it was awarding a "baby bonus" to employees that decide to have or adopt a child.[8]

In July 2023, former United States Senator Kelly L. Loeffler was appointed to the Company’s Board of Directors. [9]

In July 2023, the company went public on the New York Stock Exchange in July as PSQ Holdings Inc. People on the floor of the stock market chanted “U-S-A!”. [10] That same month, the company became the first major advertiser on Tucker Carlson's new show on X, formerly Twitter.[11]

In November 2023, Bloomberg reported that the company has looked for loopholes in Environmental, social, and governance (ESG) rules.[12]

On November 6, 2023, it hosted its first official Town Hall in Indianapolis featuring Indiana congressman Jim Banks and Donald Trump Jr.[13] [14]

In March 2024, Public Square acquired the buy now, pay later firm Credova which focuses on processing the sales of firearms.[15]

In December 2024, it was announced that Donald Trump Jr. was joining the company’s board of directors.[16]

External links

Official website

Notes and References

  1. Web site: Some Businesses Make 'Woke Free' a Selling Point. Santul. Nerkar. September 18, 2023. NYTimes.com.
  2. https://www.washingtonpost.com/business/2023/07/30/public-square-app-anti-woke-shopping-amazon/
  3. Web site: A Freedom Economy Is Emerging And PublicSq. Marketplace Is On The Vanguard. Pamela N.. Danziger. Forbes.
  4. https://web.archive.org/web/20240104191527/https://themessenger.com/business/publicsq-marketplace-conservative-ecommerce-pro-family-pro-life-pro-freedom
  5. Web site: PublicSq., a Leading Values-Aligned Marketplace, to Go Public via Combination with Colombier Acquisition Corp. (NYSE: CLBR). February 27, 2023. Yahoo Finance.
  6. News: Omeed Malik's SPAC Nears Deal with 'Patriotic' Marketplace PublicSq . Bloomberg . 26 February 2023 .
  7. Web site: "Anti-woke" movement finds itself an investment vehicle. Oct 1, 2024.
  8. Web site: Company announces 'baby bonus' for employees expecting or adopting a child. Catholic News Agency.
  9. Web site: Senator Kelly Loeffler Appointed to PublicSq.'s Board of Directors. July 26, 2023. www.businesswire.com.
  10. https://themessenger.com/business/publicsq-marketplace-conservative-ecommerce-pro-family-pro-life-pro-freedom
  11. Web site: Tucker Carlson's Twitter Show Lands Major Ad Deal With Anti-ESG Company. Natalie. Korach. Jul 17, 2023. Oct 1, 2024.
  12. Web site: Anti-Woke Marketplace PublicSquare Looks for ESG Rule Loopholes. news.bloomberglaw.com.
  13. Web site: Donald Trump Jr., U.S. Rep. Jim Banks to participate in PublicSq town hall. October 27, 2023.
  14. Web site: 'Anti-woke' the theme of Trump Jr's endorsement. Robert. Scheer. The Indianapolis Star.
  15. Web site: Public Sq. acquires buy now, pay later firm Credova. Oct 1, 2024.
  16. https://amp.cnn.com/cnn/2024/12/03/investing/trump-jr-stock-publicsquare-woke-free