GrabAGun Digital (PEW) affirmed its plans to maintain and grow its digital firearms mobile-focused retail platform following its listing to the NYSE on July 16. As a result of the company’s go-public transaction, GrabAGun received over $179M of gross proceeds, that will be used to accelerate future growth initiatives including expanding its online platform as well as strategic acquisition opportunities. Management believes the total addressable market for GrabAGun’s product offerings may be as high as $25B based on 2024 F&A industry data.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PEW: