PSQ Holdings to acquire key software assets from Tandym for cash and stock

PSQ Holdings (PSQH) announced that the company entered into an agreement for the acquisition of key software assets from Tandym. Tandym offers consumer brands a white-labeled payments and credit suite that enables a branded card experience embedded directly in checkout. Tandym’s model enables processing fees under 1% by bypassing the traditional payment rails, meaning brands capture margin that typically goes to legacy networks. And for customers, the branded wallet and rewards program incentivize deeper loyalty and repeat purchases, turning payments into a growth lever for merchants in the PublicSquare ecosystem. The expected acquisition marks a major step in PublicSquare’s strategic evolution into a full-stack fintech platform, expanding its product suite to include turnkey, digital-first private-label credit and debit programs for values-aligned merchants. The acquisition is expected to close in December 2025. The Company plans to acquire specific intellectual property assets from Tandym, Inc. through an asset purchase agreement. The consideration for these assets will be Class A Common Stock valued at $5.75M and up to $1M in cash, subject to the final agreed amount of liabilities to be reimbursed by the company as calculated under the terms and conditions of the agreement.