PSQ Holdings, Inc. Announces Annual Meeting of Stockholders on April 30, 2024
Ticker: PSQH-WT · Form: DEF 14A · Filed: Apr 15, 2024 · CIK: 1847064
| Field | Detail |
|---|---|
| Company | Psq Holdings, Inc. (PSQH-WT) |
| Form Type | DEF 14A |
| Filed Date | Apr 15, 2024 |
| Risk Level | low |
| Pages | 14 |
| Reading Time | 16 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: Proxy Statement, Annual Meeting, Stockholders, Director Elections, NYSE Compliance
TL;DR
<b>PSQ Holdings, Inc. will hold its annual stockholder meeting online on April 30, 2024, to vote on director elections, auditor ratification, and security issuances.</b>
AI Summary
PSQ Holdings, Inc. (PSQH-WT) filed a Proxy Statement (DEF 14A) with the SEC on April 15, 2024. Annual meeting of stockholders to be held exclusively online on April 30, 2024, at 10:00 a.m. ET. Proposals include re-electing two Class I directors and ratifying UHY LLP as independent auditor for FY2024. Stockholders will vote on approving certain security issuances to comply with NYSE Listing Rule 312.03(b)(i). Record date for determining stockholders entitled to vote is March 28, 2024. As of the record date, 28,177,917 shares of Class A common stock were outstanding.
Why It Matters
For investors and stakeholders tracking PSQ Holdings, Inc., this filing contains several important signals. The online format for the annual meeting may impact stockholder participation and engagement. Approval of security issuances is necessary for compliance with NYSE listing rules, potentially affecting share dilution.
Risk Assessment
Risk Level: low — PSQ Holdings, Inc. shows low risk based on this filing. The filing is a routine proxy statement with no immediate financial or operational concerns highlighted.
Analyst Insight
Stockholders should review the proposals regarding director elections, auditor ratification, and security issuances before the April 30, 2024 meeting.
Key Numbers
- 2024-04-30 — Annual Meeting Date (Date of the annual meeting of stockholders)
- 2024-03-28 — Record Date (Date for determining stockholders entitled to vote)
- 28,177,917 — Outstanding Class A Shares (Number of Class A common shares outstanding as of the record date)
Key Players & Entities
- PSQ Holdings, Inc. (company) — Registrant and Company Name
- UHY LLP (company) — Independent registered public accounting firm
- NYSE (company) — Stock Exchange Rule
- April 30, 2024 (date) — Annual Meeting Date
- March 28, 2024 (date) — Record Date
- 28,177,917 (dollar_amount) — Shares of Class A common stock outstanding
FAQ
When did PSQ Holdings, Inc. file this DEF 14A?
PSQ Holdings, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 15, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by PSQ Holdings, Inc. (PSQH-WT).
Where can I read the original DEF 14A filing from PSQ Holdings, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by PSQ Holdings, Inc..
What are the key takeaways from PSQ Holdings, Inc.'s DEF 14A?
PSQ Holdings, Inc. filed this DEF 14A on April 15, 2024. Key takeaways: Annual meeting of stockholders to be held exclusively online on April 30, 2024, at 10:00 a.m. ET.. Proposals include re-electing two Class I directors and ratifying UHY LLP as independent auditor for FY2024.. Stockholders will vote on approving certain security issuances to comply with NYSE Listing Rule 312.03(b)(i)..
Is PSQ Holdings, Inc. a risky investment based on this filing?
Based on this DEF 14A, PSQ Holdings, Inc. presents a relatively low-risk profile. The filing is a routine proxy statement with no immediate financial or operational concerns highlighted.
What should investors do after reading PSQ Holdings, Inc.'s DEF 14A?
Stockholders should review the proposals regarding director elections, auditor ratification, and security issuances before the April 30, 2024 meeting. The overall sentiment from this filing is neutral.
How does PSQ Holdings, Inc. compare to its industry peers?
PSQ Holdings, Inc. operates in the services sector, specifically advertising, and is subject to standard corporate governance and exchange listing requirements.
Are there regulatory concerns for PSQ Holdings, Inc.?
The company is filing a Definitive Proxy Statement (DEF 14A) under the Securities Exchange Act of 1934, requiring adherence to SEC regulations for shareholder communications.
Risk Factors
- Compliance with NYSE Listing Rules [medium — regulatory]: The company must approve certain security issuances to comply with NYSE Listing Rule 312.03(b)(i).
Industry Context
PSQ Holdings, Inc. operates in the services sector, specifically advertising, and is subject to standard corporate governance and exchange listing requirements.
Regulatory Implications
The company is filing a Definitive Proxy Statement (DEF 14A) under the Securities Exchange Act of 1934, requiring adherence to SEC regulations for shareholder communications.
What Investors Should Do
- Review the proposals for director re-election and auditor ratification.
- Understand the implications of approving security issuances for NYSE compliance.
- Ensure voting rights are exercised by the deadline based on the record date.
Key Dates
- 2024-04-30: Annual Meeting of Stockholders — Key date for voting on corporate matters.
- 2024-03-28: Record Date — Determines which stockholders are eligible to vote.
Glossary
- DEF 14A
- Definitive Proxy Statement (This filing type indicates the company is providing definitive proxy materials to shareholders for a meeting.)
- Record Date
- A specific date used to determine which shareholders are entitled to receive notice of and vote at a shareholder meeting. (Crucial for identifying eligible voters for the upcoming annual meeting.)
Year-Over-Year Comparison
This is a new filing for the 2024 annual meeting, with no prior filing data provided for comparison.
Filing Stats: 4,096 words · 16 min read · ~14 pages · Grade level 12.2 · Accepted 2024-04-15 16:15:38
Key Financial Figures
- $0.0001 — Class A common stock, par value $0.0001 per share (“Class A commo
Filing Documents
- ea0202893-02.htm (DEF 14A) — 1103KB
- tpsq_logo.jpg (GRAPHIC) — 62KB
- tproxy_001.jpg (GRAPHIC) — 1176KB
- tproxy_002.jpg (GRAPHIC) — 1107KB
- 0001213900-24-032967.txt ( ) — 4334KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT   22 Explanation of Certain Calculations in the Table of Certain Beneficial Owners   22 CERTAIN RELATIONSHIPS AND RELATED PERSONS TRANSACTIONS   25 Pre-Closing Related Party Transactions   25 Indemnification of Our Directors and Officers   27 Post-Closing Related Party Transactions   27 Policies for Approval of Related Party Transactions   29 i Table of Contents   Page EXECUTIVE OFFICERS   31
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION   33 Compensation Objectives and Overview   33 Compensation Committee   33 2023 Summary Compensation Table   33 Outstanding Equity Awards as of December 31, 2023   38
Executive Compensation After the Business Combination
Executive Compensation After the Business Combination   35 QUESTIONS AND ANSWERS ABOUT THE ANNUAL MEETING   39 OTHER MATTERS   46 CONTACT FOR QUESTIONS AND ASSISTANCE WITH VOTING   47 ii Table of Contents PSQ HOLDINGS, INC. 250 S. Australian Avenue, Suite 1300 West Palm Beach, Florida 33401 (877) 776-2402 PROXY STATEMENT FOR THE 2024 ANNUAL MEETING OF STOCKHOLDERS INTRODUCTION 2024 Annual Meeting of Stockholders This proxy statement and associated proxy card are furnished in connection with the solicitation of proxies to be voted at the 2024 Annual Meeting of Stockholders (the “Annual Meeting”) of PSQ Holdings, Inc. (“we,” “us,” the “Company” or “PSQ”), which will be held on Tuesday, April 30, 2024, at 10:00 a.m. Eastern Time virtually via the Internet at https: // www.cstproxy.com / publicsq /2024. You will need to enter the 12 -digit control number received with your proxy card to enter the Annual Meeting via the online web portal. By visiting this website, you may attend the Annual Meeting virtually online, vote your shares electronically and submit your questions to management during the Annual Meeting. This proxy statement and our Annual Report on Form 10 -K for the year ended December 31, 2023 (the “Annual Report”) are available to stockholders at https: // www.cstproxy.com / publicsq /2024. The proxy statement for the Annual Meeting (the “proxy statement”) contains important information about the Annual Meeting and each of the proposals. Whether or not you plan to attend the Annual Meeting, the Company urges you to read this material carefully and vote your shares. This proxy statement for the Annual Meeting is dated April 15, 2024 and is being distributed or made available to stockholders on or about that date. Proposals to be Voted on at the Annual Meeting