GrabAGun Completes Business Combination With Colombier II; To Commence Trading On NYSE Under Tickers "PEW" And "PEWW"

• Combined company is now named "GrabAGun Digital Holdings Inc." and is expected to trade on the NYSE under the tickers "PEW" and "PEWW"
• GrabAGun is a fast growing, digitally native retailer of firearms and ammunition ("F&A"), related accessories and other outdoor products focused on the next generation of firearms enthusiasts, sportsmen and defenders
• Transaction proceeds successfully fund GrabAGun's balance sheet with over $179 million of gross proceeds to help accelerate growth and acquisition plans
• Donald Trump Jr. joins GrabAGun's Board of Directors and will ring the NYSE Opening Bell alongside Colombier II and GrabAGun on July 16, 2025
• Near-zero redemptions of Colombier II shares signals clear confidence in the GrabAGun business and broader 2A movement, compared to historical performance of other SPACs since 2022

Metroplex Trading Company LLC d.b.a. GrabAGun.com ("GrabAGun"), an online retailer of firearms, ammunition and related accessories, and Colombier Acquisition Corp. II ("Colombier II") (NYSE:CLBR), a special purpose acquisition company, today announced the completion (the "Closing") of their previously announced business combination (the "Business Combination"), which was approved by Colombier II shareholders at an extraordinary general meeting on July 15, 2025.

Following the Closing, the go-forward public company is named GrabAGun Digital Holdings Inc. ("GrabAGun Digital" or the "Company"), and its common stock and warrants are expected to commence trading on the New York Stock Exchange (NYSE) under the ticker symbols "PEW" and "PEWW", respectively, on July 16, 2025. As a result of this transaction, (i) the Company has received over $179 million of gross proceeds (over $119 million, after secondary proceeds and transaction and advisory expenses), which will be used to for working capital and other corporate purposes to accelerate the Company's future growth initiatives, acquisition plans and other general corporate expenses and (ii) Colombier II and GrabAGun became wholly-owned subsidiaries of GrabAGun Digital.