PSQH 8-K
PSQ Holdings, Inc. (PSQH)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE
SECURITIES EXCHANGE ACT OF 1934
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Item 1.02. Termination of a Material Definitive Agreement.
As previously reported on a Current Report on Form 8-K filed on November 10, 2025 (the “Signing Form 8-K”), on November 7, 2025, PSQ Holdings, Inc. (the “Company”) entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Tandym, Inc. (“Seller”), for the purchase by the Company of certain of Seller’s assets. These assets included all of Seller’s intellectual property and rights thereunder, and certain contracts to be assigned to the Company.
On December 9, 2025, the Company delivered a letter to Seller terminating the Purchase Agreement pursuant to its terms, effective as of the same date (the “Termination”). The Purchase Agreement was terminated because Seller had not completed the sale of the portfolio of performing and non-performing loan receivables pursuant to Section 6.2(x) of the Purchase Agreement. Accordingly, the requisite closing conditions were not timely satisfied or waived by the drop-dead date of December 8, 2025.
Certain of each party’s rights and obligations under the Purchase Agreement survive the Termination in accordance with their terms. No termination fees were assessed against either party in connection with the Termination.
A copy of the Purchase Agreement was attached as Exhibit 2.1 to the Signing Form 8-K and is incorporated herein by reference.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PSQ Holdings, Inc. | ||
| Date: December 15, 2025 | By: | /s/ Michael Seifert |
| Name: | Michael Seifert | |
| Title: | Founder, Chairman and Chief Executive Officer | |