Colombier Acquisition Corp. III Prices $260M IPO on NYSE

IPO Pricing and Key Details

Colombier Acquisition Corp. III has announced the pricing of its initial public offering, raising $260 million. The company offered 26 million units at a price of $10.00 per unit. These units are scheduled to begin trading on the New York Stock Exchange on February 4, 2026, under the ticker symbol "CLBR U".

Offering Structure Overview

Each unit sold consists of one Class A ordinary share and one-eighth of a redeemable warrant. A whole warrant entitles the holder to purchase one Class A ordinary share at an exercise price of $11.50. The shares and warrants are expected to trade separately under the symbols "CLBR" and "CLBR WS." Roth Capital Partners is the sole book-running manager.

Company and Leadership Profile

As a special purpose acquisition company (SPAC), Colombier III aims to execute a merger or business combination. The company's board includes notable figures such as Donald J. Trump Jr., Chamath Palihapitiya, and Laura Ingraham. The management team is led by CEO and Chairman Omeed Malik.

Summary and Outlook

The successful pricing signals investor confidence as the company begins its search for a merger target. The underwriters have a 45-day option to purchase up to 3.9 million additional units to cover potential over-allotments, which could increase the total funds raised.

FAQ

Q: What is Colombier Acquisition Corp. III?
A: It is a special purpose acquisition company (SPAC) formed to merge with or acquire one or more businesses.

Q: How much did the IPO raise?
A: The initial public offering raised $260 million by selling 26 million units at $10.00 per unit.

Source: Investing.com