PSQ Holdings Agrees To Sell EveryLife To FreeHold Brands For Gross Proceeds Of $5.5M In Cash
The pending all-cash divestiture is expected to deliver non-dilutive capital and advance the Company's exit from direct-to-consumer commerce as it sharpens its focus as a payments and financial infrastructure
PSQ Holdings is selling a business called EveryLife for $5.5 million in cash so it can focus on a different part of its work—helping with payments instead. When a company sells something, watch whether the money it gets helps it do better at what it's trying to focus on next.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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