Public Square (company)

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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]

Contents

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 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]

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References

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

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