v3.26.1
RECAPITALIZATION (Tables)
6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Reconciles the Elements of the Business Combination to The Condensed Consolidated Statements of Cash Flows And The Condensed Consolidated Statement of Changes in Stockholders Equity The following table reconciles the elements of the Business Combination to the condensed consolidated statements of cash flows and the condensed consolidated statement of changes in shareholders’ equity as of the Closing Date (in thousands):

 

Cash-trust and cash, net of redemptions

 

$

180,621

 

Less:

 

 

 

Cash consideration

 

 

50,000

 

Transaction costs and advisory fees, paid at time of closing

 

 

11,227

 

Net proceeds from the Business Combination

 

 

119,394

 

Less:

 

 

 

Transaction costs paid prior to closing

 

 

1,502

 

Transaction costs paid post-closing

 

 

504

 

Reverse recapitalization, net

 

$

117,388

 

 

 

 

 

 

Schedule of Number of Shares of Common Stock of Issued Immediately Following the Consummation of the Merger

The number of shares of the Company’s common stock issued immediately following the consummation of the Business Combination were:

 

Colombier Class A common stock, outstanding prior to the
   Business Combination

 

 

17,000,000

 

Less: Redemption of Colombier Class A common stock

 

 

4,732

 

Class A common stock of Colombier

 

 

16,995,268

 

Colombier Class B common stock, outstanding prior to the
   Business Combination

 

 

4,250,000

 

Business Combination shares

 

 

21,245,268

 

GrabAGun Members

 

 

10,000,000

 

Consultant

 

 

300,000

 

Common Stock immediately after the Business
   Combination

 

 

31,545,268