PSQ Holdings launches payments platform, cuts staff >35%, closes $5.35M PIPE

PSQ Holdings, Inc.

Launched payments platform; contracts could result in annualized GMV over $700M, aiming for $1.0B by Christmas.
Strategic plan reduces staff by >35% to lower cash burn; expects profitability in near term.
Closed $5.35M PIPE at $2.70/share from three investors including insiders; shares locked up for 12 months.

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