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Colombier Acquisition II SPAC Files for $130M IPO

By Ben Glickman

Colombier Acquisition Corp. II, a special-purpose acquisition company, on Friday filed for a $130 million initial public offering with the Securities and Exchange Commission.

The blank-check company is seeking to effect a business combination with a company in the “entrepreneurship, innovation and growth economy” with a target enterprise value of $150 million to $2 billion.

The company expects to offer 13 million units for $10 each, with gross proceeds of $130 million. Each unit in the offering will include an ordinary share and one-third of a redeemable warrant to purchase a share at $11.50.

Colombier will have two years after the closing of its offering to complete a merger, and an additional three extra months if it completes a letter of intent or agreement in principle with another company.

The company plans to list its shares on the New York Stock Exchange under the ticker CLBR.

Colombier’s predecessor, Colombier Acquisition Corp, which shares common management with Colombier II, successfully completed a merger with PublicSq. Holdings in July. The combined company, called PSQ Holdings, now trades on the New York Stock Exchange.


Write to Ben Glickman at [email protected]

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