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PSQH — PSQ Holdings News Story

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PSQ up after deal to sell EveryLife brand for $5.5 million

BUZZ-PSQ up after deal to sell EveryLife brand for $5.5 million 

** Shares of digital platform PSQ Holdings PSQH.N rise nearly 8% to about $3.3180

** PSQ announces it has entered a definitive agreement to sell its direct-to-consumer diaper and baby products brand EveryLife to FreeHold Brands for $5.5 million in an all-cash deal

** Says sale is part of its strategy to divest non-core assets, generate non-dilutive cash and sharpen its focus on its payments and financial infrastructure business

** As of last close, PSQH is down nearly 78% YTD


(Reporting by Shania S Thomas in Bengaluru)

((shanias.thomas@thomsonreuters.com))

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