After Trump Media and $TRUMP Token, Could This SPAC Be Next?
The glory days of Trump MediaDJT and theTRUMP meme coin may be in the rearview, but there’s no denying that the Trump Trade has paid off — at least for the President himself. Up $600M this year, the retail crowd remains uniquely tuned in to Trump-flavored opportunities — and a new one could be emerging in Colombier II Acquisition CorpCLBR, a SPAC with a surprising connection to the First Family.
- GrabAGun, an online gun dealer that counts Donald Trump Jr. as an advisor and board member, plans to merge with Colombier this Summer in a $150M deal, taking on the tickerPEW.
- Trump Jr. has underscored that GrabAGun will do for the Second Amendment what other Trump-affiliated apps, “like Truth Social, PublicSquare, and Rumble,” have done for the First.
Hitting the target: GrabAGun’s investor deck singles itself out as a rare growth story in the firearm landscape, which has been receding post-2022. However, with $93.1M in 2024 revenue and $4.7M in EBITDA, fundamentals won’t necessarily be what sells this deal — investors will be betting on the Trump name. With the business combination vote slated for July 15, the stock could be heating up even more — potentially turning it into the next speculative destination for those playing the Trump Trade.