FINANCIAL ADVISOR
GrabAGun
M&A Advisory
Has Merged With
Colombier Acquisition Corp. II
Transaction Details
On July 15, 2025, Metroplex Trading Company LLC d/b/a/ GrabAGun (“GrabAGun”) announced the completion of its previously announced business combination with Colombier Acquisition Corp. II (“Colombier”) to form GrabAGun Digital Holdings Inc. (“GrabAGun Digital” or the “Company”).
GrabAGun is a fast-growing, digitally native retailer of firearms and ammunition, related accessories and other outdoor enthusiast products.
The transaction was valued at $150 million with the equity holders receiving $100 million of stock (valued at $10.00 per share) in the combined company and $50 million of cash.
On July 16, 2025, GrabAGun Digital common stock and warrants commenced trading on the New York Stock Exchange under the ticker symbols “PEW” and “PEWW”, respectively.
Stephens served as financial advisor to GrabAGun in its business combination with Colombier.
About the company
Metroplex Trading Company, LLC d/b/a GrabAGun
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.
Colombier Acquisition Corp. II (NYSE: CLBR)
Colombier II is a blank check company formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Sources: Company Materials.
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