---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-068547"
form_type: "8-K"
ticker: "PSQH"
cik: "0001847064"
company_name: "PSQ Holdings, Inc."
filed_at: "2024-08-14T23:59:59+00:00"
generated_at: "2026-05-31T09:24:45.855432+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PSQ Holdings secures $10M convertible note from board affiliate to fund payments business

## Summary
- Convertible note bears 9.75% interest, matures 2034, base conversion price $4.63641 per share.
- Proceeds to fuel expansion of new payments business; over $200M annualized GMV already under contract.
- Notes are convertible at holder's option or company under certain conditions; lock-up and hedging restrictions for 12 months.
- CEO targets $1B annualized GMV by start of 2024 Christmas shopping season.
- Private placement with Fountain Ripple V, LLC, affiliate of a board member.

## SEC filing metadata
- accession: 0001213900-24-068547
- form_type: 8-K
- ticker: PSQH
- cik: 0001847064
- company_name: PSQ Holdings, Inc.
- filed_at: 2024-08-14T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847064/000121390024068547/0001213900-24-068547-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847064/000121390024068547/ea0211329-8k_psqhold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-068547
- JSON: https://secwatch.observer/filing/0001213900-24-068547.json
- Plain text: https://secwatch.observer/filing/0001213900-24-068547.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.