Black Rifle Coffee Co. is going public by combining with a special-purpose acquisition company in a merger that values the coffee seller focused on military veterans at about $1.7 billion, the companies said.

Known for its pricier coffee and firearms-themed products such as its AK-47 Espresso Blend, Black Rifle is combining with the SPAC SilverBox Engaged Merger Corp. I.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Over 90% of trans youths live in states with bills that target their rights, report says

More than 9 in 10 (93%) transgender youths ages 13 to 17…

Amazon Prime Video viewers will have to pay an extra $2.99 monthly in January to avoid ads

Amazon Prime Video viewers seeking to avoid ads during shows and movies…

How to Get Your Health Insurance to Cover Ozempic and Other Drugs Used for Weight Loss

If you want to take one of the buzzy drugs like Ozempic…

Quartz, the business news site, drops its paywall.

Quartz, the digital business publication, is scrapping its paywall. The company announced…