PublicSquare raises $7.5 million through registered direct offering

PSQ Holdings Inc. (NYSE: PSQH), which operates under the PublicSquare brand, announced it has entered into an agreement with an existing institutional investor for a registered direct offering expected to raise approximately $7.5 million in gross proceeds.

The company will sell 6,818,184 shares of Class A common stock or pre-funded warrants, along with accompanying warrants to purchase up to 8,522,730 additional shares. The combined purchase price per share and warrant is $1.10, according to the company's statement.

The warrants carry an exercise price of $1.18 per share and will become exercisable six months after issuance. They have a term of five and a half years from the initial exercise date. The offering is expected to close on or around December 19, 2025, subject to customary closing conditions.

PublicSquare stated it intends to use the net proceeds for general corporate purposes, including working capital, after deducting placement agent fees and other offering expenses.

Roth Capital Partners is serving as the exclusive placement agent for the transaction. The offering is being conducted under a shelf registration statement filed with the Securities and Exchange Commission on May 9, 2025, which was declared effective on May 16, 2025.

PublicSquare describes itself as a financial technology company building an ecosystem of financial solutions for consumers and businesses. The West Palm Beach, Florida-based company positions its services as alternatives in what it characterizes as today's economy.

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