Colombier Acquisition Corp. III announced it priced an initial public offering consisting of 26 million units at $10 per unit, producing $260 million in total proceeds before expenses. The company said the units will commence trading on the New York Stock Exchange under the symbol "CLBR U" beginning February 4, 2026.
Each public unit is made up of one Class A ordinary share and one-eighth of a redeemable warrant. Under the terms disclosed, each whole warrant may be exercised to buy one Class A ordinary share at a price of $11.50 per share. The listing documents state the Class A ordinary shares and the warrants are expected to begin trading separately on the NYSE under the ticker symbols "CLBR" and "CLBR WS," respectively.
The company is structured as a special purpose acquisition company - a vehicle established to identify and complete a merger, acquisition or similar business combination with one or more operating businesses. The management team named in the filing comprises Chief Executive Officer and Chairman Omeed Malik, President Paul T. Abrahimzadeh, and Chief Financial Officer Joe Voboril.
Colombier Acquisition Corp. III's board of directors, as listed in the offering materials, includes a set of high-profile individuals from finance and media. Members named are Donald J. Trump Jr., a partner at 1789 Capital; Chris Buskirk, founder and chief investment officer of 1789 Capital; Blake Masters, director of PSQ Holdings and GrabAGun Digital Holdings; Chamath Palihapitiya, founder and managing partner of Social Capital; and Laura Ingraham, host of "The Ingraham Angle" on Fox News.
Roth Capital Partners is serving as the sole book running manager for the offering. The underwriting agreement includes a 45-day option for the underwriters to purchase up to 3.9 million additional units to cover any over-allotments. The registration statement related to the offering was declared effective by the Securities and Exchange Commission on January 30, 2026.
This filing provides the capital raise details, the securities composition and the governance and underwriting arrangements disclosed by Colombier Acquisition Corp. III. The documentation describes the expected separate trading of the Class A ordinary shares and warrants and specifies the exercise price for the warrants, while noting the underwriters' ability to increase the unit count within the stated 45-day option period.