psq holdings reports voting results from annual meeting

PSQ Holdings, Inc. (NYSE:PSQH), currently trading at $2.29 per share after experiencing a significant 16.7% decline over the past week, disclosed the results of its annual stockholder meeting held on May 29, 2025, according to a recent SEC filing. Two key proposals were on the agenda, both receiving significant attention from shareholders.

The first proposal involved the election of two directors to serve as Class II directors until the 2028 annual meeting. Blake Masters and Dusty Wunderlich were elected, with Masters receiving 52,799,238 votes for and 1,882,320 votes withheld. Wunderlich garnered 53,266,035 votes for and 1,415,523 votes withheld. There were 12,545,142 broker non-votes for both candidates.

The second proposal sought ratification of UHY LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. This proposal was ratified with 66,779,991 votes in favor, 370,723 against, and 75,986 abstentions. No broker non-votes were recorded for this proposal.

The meeting saw participation from shareholders representing approximately 76.99% of the total eligible votes, with 67,226,700 votes cast out of a possible 87,316,790. This level of participation constituted a quorum, enabling the proceedings to move forward.

PSQ Holdings, based in West Palm Beach, Florida, is classified under the services-advertising sector. The company’s Class A common stock and redeemable warrants are traded on the New York Stock Exchange under the symbols PSQH and PSQH.WS, respectively.

This information is based on a recent 8-K filing with the Securities and Exchange Commission.

In other recent news, PSQ Holdings Inc., also known as PublicSquare, reported a remarkable 95% year-over-year revenue growth for Q1 2025, reaching $6.75 million. The company’s gross margin also improved significantly, rising to 58% from 43% in the previous year. PublicSquare is exploring a Digital Asset Treasury Strategy, potentially involving investments in Bitcoin and stablecoins, as a means to diversify its reserves and align with emerging financial technologies. This initiative is supported by board member Blake Masters, who views digital assets as a powerful alternative to traditional finance. The company plans to use proceeds from its recent at-the-market offering program for various corporate purposes, including this digital asset strategy. PublicSquare’s fintech division drove significant revenue, with the Brands segment, EveryLife, contributing notably to the company’s growth. The company is targeting operating cash flow positivity by the end of the year and projects over 100% revenue growth for 2025, aiming for more than $46 million. The exploration of stablecoins into PublicSquare’s ecosystem is seen as a transformative strategy to enhance customer engagement and fintech product offerings.

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