other material
confidence high
sentiment negative
materiality 0.75
PSQ (PublicSq.) H1 2023 revenue $907K, net loss $27.4M; Seifert holds 52.6% voting power
PSQ Holdings, Inc.
- Revenue $907,741 for six months ended June 30, 2023; net loss $27.4M, operating loss $12.7M.
- Convertible notes of $37.1M as of June 30, 2023; change in fair value loss of $14.6M.
- Cash and short-term investments total $16.2M; accumulated deficit $36.3M.
- Michael Seifert holds 100% of Class C Common Stock, controlling 52.62% voting power.
- Pro forma combined financials of Colombier and PSQ filed as Exhibit 99.3.