North Texas Welcomes New Public Company in Online Gun Space
North Texas is adding a new public company in the online space for guns — and it comes with an assist from Donald Trump Jr. Metroplex Trading Company LLC — which is doing business as GrabAGun.com — began trading on the New York Stock Exchange Wednesday, according to a statement. That was enabled by a combination with a public firm, Colombier Acquisition Corp. II, a special purpose acquisition company.
Financial Details of the Deal
With the tie-up, Coppell’s GrabAGun.com, an online retailer of firearms, ammunition and related accessories, received over $179 million of gross funding — and over $119 million after secondary proceeds and transaction and advisory expenses, the statement said. The money will go toward working capital and other corporate purposes to accelerate future growth initiatives, acquisition plans and other general corporate expenses.
Role of Donald Trump Jr.
Trump Jr. is a member of the board, an adviser and a shareholder, the statement said. He expressed his support for the company, stating that “GrabAGun has developed a powerful, scalable platform that offers unmatched selection and service to Americans who wish to legally buy and own firearms.”
Company Overview
The company, open to new and traditional shoppers, is offering tech-savvy and younger customers a digital platform if they want to purchase firearms and related items. The company saw revenue of more than $90 million last year. In the first quarter of 2025, it pulled in $23.3 million, down from $26.6 million while remaining profitable.
Future Plans
The go-forward company is named GrabAGun Digital Holdings Inc. Marc Nemati, CEO of GrabAGun Digital, stated that “This achievement supports our mission to revolutionize the shooting sports industry through our technology-first approach, and I look forward to taking advantage of the many opportunities in front of GrabAGun to enhance our platform and expand our market presence.”
Recent Trends in the Industry
The move to the NYSE comes just weeks after another local company, Caris Life Sciences, went public. The medical technology firm is based in Irving. This trend indicates a growing interest in public listings among companies in the North Texas region.
D-FW Retail News
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Related news includes the fact that malls aren’t dead, with many large D-FW centers seeing more visitors, though challenges remain. This suggests that the retail industry is evolving, with companies adapting to changing consumer preferences and behaviors.
Conclusion
In conclusion, the listing of GrabAGun.com on the NYSE marks a significant milestone for the company and the online gun space. With the support of Donald Trump Jr. and a strong financial backing, the company is well-positioned for future growth and expansion. As the retail industry continues to evolve, it will be interesting to see how GrabAGun.com navigates the changing landscape and capitalizes on new opportunities.
Frequently Asked Questions
Q: What is GrabAGun.com?
A: GrabAGun.com is an online retailer of firearms, ammunition, and related accessories.
Q: Who is involved in the company?
A: Donald Trump Jr. is a member of the board, an adviser, and a shareholder of the company.
Q: How much funding did the company receive?
A: The company received over $179 million of gross funding, with over $119 million after secondary proceeds and transaction and advisory expenses.
Q: What are the company’s future plans?
A: The company plans to use the funding to accelerate future growth initiatives, acquisition plans, and other general corporate expenses, with a focus on enhancing its platform and expanding its market presence.
Q: Is the company profitable?
A: Yes, the company remains profitable, with revenue of over $90 million last year and $23.3 million in the first quarter of 2025.
