• Vote deadline approaching on July 15 to approve merger of Colombier Acquisition Corp. II (NYSE: CLBR) and GrabAGun
• Deal has strong investor support with stock trading near $15 but could be delayed if too few shareholders cast votes
• Investors need not attend meeting in any way; can vote electronically or call their brokers to vote at any time
• Any shareholder can also call Morrow Sodali LLC Tel: (800) 662-5200 clbr.info@investor.sodali.com or visit https://www.colombierspac.com/ for more voting information
• Voting is free but many investors are unaccustomed to the mechanics
• Anyone who owned shares on the record date, June 20, can vote

By John Jannarone

GrabAGun has captivated investors with its technology-first approach to shooting sports. However, despite trading extraordinarily well before formally going public, the deal still needs to win support of shareholders to get final clearance – or risk frustrating delays. IPO Edge interviewed Omeed Malik, Chairman of the special-purpose acquisition company (SPAC) taking GrabAGun public, to learn more about the final steps of the process – and the role all shareholders play, regardless of their size.

IPO Edge: Before we get into the merger mechanics, can you tell us why you are so excited about GrabAGun and chose it as a target?

We believed GrabAGun was the ideal target for Colombier II for two core reasons.

One – GrabAGun is an industry leader in multiple facets – as a technology company, an e-commerce company and the face of the Gen Z and Millennial consumers who are increasingly interested in purchasing firearms and related accessories.

Secondly, GrabAGun is a strong bellwether for the 2A movement as Americans increasingly shop online and want to exercise their constitutional freedoms. We think the market has been very interested and receptive as well, supporting us with what we have called our EIG approach. That’s entrepreneurship, innovation and growth investing.

We of course have our fund 1789 Capital where this thesis is central to all activities, but on the SPAC side, we select companies that really are cornerstones of that vision of the economy that we want to take public. The Second Amendment is why we were so interested in the GrabAGun transaction as it overtly tries to enhance and insulate the Second Amendment from what we viewed to be a tax on it. Whether as a result of certain elements of the federal government, regulations and general reluctancy to invest in the space, capital markets have largely shut out companies like GrabAGun.

Given its industry prowess and exceptional growth plans to not only consolidate the online firearms marketplace, becoming sort of the Amazon of guns, but also advance as a technology company, we knew GrabAGun could tremendously benefit from our partnership, and we knew Colombier II had the perfect target to further our focus on the digital economy while also protecting the ability of people to exercise their Second Amendment rights.

IPO Edge: What will be the role of Donald Trump, Jr. as a board director once the deal closes?

Donald Trump Jr. is one of the most vocal supporters of the Second Amendment and he has been a tremendous aid to this business combination transaction. Once GrabAGun becomes public, which we expect to happen later this summer, he will serve as an advisor to the company. He’ll help Marc Nemati, GrabAGun’s CEO, and the rest of the management team and Board, direct its growth plans to continue its momentum in consolidating the category, directly reaching consumers and continuing to build out GrabAGun’s industry-leading technology stack. Not to forget, obviously many of us are very politically connected too.

IPO Edge: Investors who currently own shares of CLBR will own GrabAGun shares once the deal closes. When does the ticker change to “PEW”?

Investors interested in purchasing shares of GrabAGun can currently purchase Colombier Acquisition Corp II shares which are listed on the New York Stock Exchange under ticker CLBR. Once the business combination transaction is complete, which like I said is expected to occur later this summer, subject to regulatory requirements and customary closing conditions, our shares will carry over and the ticker symbol will flip to PEW. The combined company will be renamed GrabAGun Digital Holdings.

IPO Edge: The stock is trading at nearly $15 – or about 40% higher than the value of the cash in trust investors would get if they redeem their CLBR shares. What does that tell you?

We believe its because individuals all over the country believe in the mission of GrabAGun, and want to support patriotic businesses. This transaction again demonstrates the democratization of capital markets, and how there is a phenomenon of people who believe in a vision, a set of ideas, and take action to support those ideas.

And perhaps most importantly, this business is fundamentally sound and successful, and has tremendous opportunity in front of it to consolidate and be the Amazon of Guns.

IPO Edge: What’s needed to get the deal done in terms of shareholder votes and redemptions?

We truly need all shareholders to vote. We encourage everyone to vote in favor, but really we just are asking for you to vote. In terms of those votes, the merger proposal requires the support of 2/3 of the votes cast.

IPO Edge: If I’m an individual investor and hold my shares at a brokerage like Schwab or Robinhood, can I still vote?

Absolutely. If you’re a shareholder, your vote really matters. Now is the time to exercise your Second Amendment rights.

This deal has thousands of regular, 2A-supporting folks who believe in GrabAGun and what it stands for. If you want to see this American firearms brand go public and keep building, innovating and standing for the Second Amendment, we need you to vote FOR the deal.

IPO Edge: Who can shareholders contact for assistance?

Shareholders can call Morrow Sodali LLC at (800) 662-5200, e-mail clbr.info@investor.sodali.com or visit www.colombierspac.com for more detailed voting information.