Donald Trump Jr. & Pilot Family Lead $1.3 Million Private Placement for PSQ Holdings

BOZEMAN, Mont. — PSQ Holdings, Inc. (NYSE: PSQH) (the “Company”), a payments and financial infrastructure company, today announced the closing of a private investment in public equity financing (the “Private Placement”), resulting in gross proceeds of approximately $1.3 million, before fees and expenses. Every eligible member of the Company’s Board of Directors participated in the Private Placement, investing personal capital at a premium to the most recent closing price of the Company’s Class A common stock.

At closing, the Company issued an aggregate of 361,388 shares of Class A common stock at a price of $3.60 per share. No warrants, pre-funded warrants, or other derivative securities were included in the transaction.

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The transaction was priced at a premium over the closing price of the Company’s Class A common stock of $3.58 on August 12, 2026.

Including shares associated with this private placement, PSQ Holdings issued and outstanding shares are expected to be 4,356,348.

“This is the first capital we have raised since the business turned the corner on operations and trajectory towards cash flow positivity, and it arrives in the plainest form there is: common stock, no warrants, no reset provisions, no preferential terms for anyone,” said Dusty Wunderlich, Chairman and Chief Executive Officer of PSQ Holdings. “Our directors have deepened their investment into the company, based on the strength of the guidance we affirmed three weeks ago and our tremendous progress year-to-date. Our management team appreciates this vote of confidence and will continue to execute towards our stated goal of delivering cash flow positivity in 2027.”

“Three weeks ago, the PSQ management team put specific full-year guidance in writing and told shareholders to hold them to it,” said Blake Masters, Lead Independent Director. “The Board approached this financing with one straightforward question: Do we believe in the guidance this team has put its name behind and in the positive trajectory of the business? Our answer was unanimous: yes. Every Board member eligible to participate went further and wrote personal checks for common equity, a tangible measure of our confidence in this team. We have watched this team divest what was not core, take real cost out without sacrificing capability, sign merchants in real volume, and deliver the first quarter of positive non-GAAP operating income in the Company’s history. That is what alignment looks like—not just asking shareholders to believe, but investing alongside them.”

“I have been an investor in this company since before it was public. I have remained an investor—and am now increasing my stake—because I still believe in the mission, and new management is finally delivering on it,” said Donald Trump Jr., a member of the Board of Directors. “Legitimate American businesses are still being denied the modern financial tools they need to survive and grow simply because the legacy financial system does not like their business or the customers they serve.