SCHEDULE 13G/A: Axxcess Wealth Management Reports Zero Beneficial Ownership in PSQ Holdings, Inc.

Axxcess Wealth Management, LLC has filed an amended Schedule 13G, reporting that it no longer holds any beneficial ownership in PSQ Holdings, Inc. as of December 31, 2024.

Summary

• Axxcess Wealth Management, LLC filed an Amendment No. 1 to Schedule 13G concerning its beneficial ownership in PSQ Holdings, Inc.
• As of December 31, 2024, Axxcess Wealth Management, LLC reported 0.00 shares beneficially owned in PSQ Holdings Inc Class A securities.
• This represents 0.0% of the total class of securities.
• The filing indicates that Axxcess Wealth Management, LLC holds no sole or shared voting or dispositive power over these securities.
• Axxcess Wealth Management, LLC is classified as an Investment Adviser (IA).
• The securities were certified as acquired and held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual regulatory filing reporting a change in beneficial ownership to zero, which is neutral in sentiment regarding the issuer's performance or outlook.

Future Outlook

No forward-looking statements or guidance were provided in this regulatory filing.

Management Comments

• Michael Seid, Chief Compliance Officer of Axxcess Wealth Management, LLC, certified that the information set forth in the statement is true, complete, and correct.
• The certification also states that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

This filing is a routine regulatory disclosure required when an institutional investor's beneficial ownership in a public company changes, specifically when it falls below a certain reporting threshold (typically 5% for Schedule 13G filers). It provides transparency regarding institutional holdings and is a standard compliance action for investment advisers.

Stakeholder Impact

• Shareholders: Provides transparency regarding the holdings of Axxcess Wealth Management, LLC, indicating they no longer hold a reportable stake in PSQ Holdings, Inc.

Key Dates

Keywords

PSQ Holdings, Axxcess Wealth Management, Schedule 13G, beneficial ownership, SEC filing, investment adviser