Overview

• As of July 18, GrabAGun’s stock remains significantly below its $21.40 opening price despite a modest 2 percent premarket uptick on July 17
• The SPAC merger with Colombier Acquisition Corp. II provided $179 million in gross proceeds earmarked for working capital and growth initiatives
• Donald Trump Jr. retains his board seat and about a 1 percent stake in the company, owning roughly 300,000 shares valued at around $4 million
• GrabAGun markets itself as the “Amazon of guns,” offering firearms, ammunition and accessories through its online platform
• The volatile debut underscores investor wariness toward SPAC listings and reflects a growing wave of politically branded, MAGA-aligned ventures leveraging blank-check vehicles