{"scope": "company", "symbol": "CLBR", "name": "Colombier Acquisition Corp. II", "intelligence": {"score": 37, "label": "Distribution bias", "tone": "negative", "stance": "Demand a stronger confirmation bar", "brief": "Priced common-share disposals are concentrated enough to warrant review, but they are not treated as a standalone bearish forecast.", "confidence": 80, "confidence_label": "Deep evidence", "filings": 20, "companies": 1, "insiders": 8, "signal_events": 10, "acquisition_events": 1, "disposal_events": 9, "acquisition_share": 10.0, "disposal_share": 90.0, "acquisition_value": 25190.0, "disposal_value": 49864.8724, "net_value": -24674.8724, "acquisition_value_label": "$25.2K", "disposal_value_label": "$49.9K", "net_value_label": "-$24.7K", "data_quality": 50, "priced_common_share": 50, "latest_date": "2026-07-09", "latest_signal_date": "2026-06-08", "oldest_date": "2026-05-12", "evidence_classes": [{"key": "common_equity", "label": "Common equity", "count": 18, "bar_width": 100.0}, {"key": "equity_award", "label": "Equity compensation", "count": 2, "bar_width": 11.1}, {"key": "derivative", "label": "Options and derivatives", "count": 0, "bar_width": 0.0}, {"key": "other", "label": "Other securities", "count": 0, "bar_width": 0.0}], "roles": [{"label": "Director", "count": 11, "bar_width": 100.0}, {"label": "Finance leadership", "count": 9, "bar_width": 81.8}], "supports": ["Participation spans 8 named insiders rather than one filing source."], "risks": ["Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight.", "The latest qualifying filing is more than 30 days old."]}, "timeline": [{"start": "2026-05-25", "label": "25 May", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-06-01", "label": "01 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-06-08", "label": "08 Jun", "acquisitions": 1, "disposals": 0, "qualified_acquisitions": 1, "qualified_disposals": 0, "total": 1, "height": 16.7, "acquisition_height": 100.0, "disposal_height": 0.0}, {"start": "2026-06-15", "label": "15 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-06-22", "label": "22 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-06-29", "label": "29 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-06", "label": "06 Jul", "acquisitions": 6, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 6, "height": 100.0, "acquisition_height": 100.0, "disposal_height": 0.0}, {"start": "2026-07-13", "label": "13 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-20", "label": "20 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-27", "label": "27 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-08-03", "label": "03 Aug", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-08-10", "label": "10 Aug", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}], "market": {"latest_week": "2026-08-07", "latest_close": "10.260000", "currency": "USD", "one_week_change": "-0.09737098344693281402142161636", "thirteen_week_change": "0.09756097560975609756097560976", "four_week_change": "0.09756097560975609756097560976", "range_high": "10.400000", "range_low": "10.100000", "average_volume": 88242, "relative_strength": "-29.027117", "market_dynamics": "0.317537", "fair_value": "10.974060", "fair_value_gap": "-6.506798759984909869273541424", "trend_signal": "0", "one_week_change_label": "-0.1%", "thirteen_week_change_label": "+0.1%", "four_week_change_label": "+0.1%", "fair_value_gap_label": "-6.5%"}, "transactions": [{"date": "2026-07-09", "insider": "LANGSTON, WILLIE", "role": "Director", "side": "Acquisition", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-07-09", "insider": "LONG, CAITLIN", "role": "Director", "side": "Acquisition", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-07-09", "insider": "MASTERS, BLAKE", "role": "Director", "side": "Acquisition", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-07-09", "insider": "PILOT, DAVIS III", "role": "Director", "side": "Acquisition", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-07-09", "insider": "RINN, JAMES", "role": "Director, Chief Financial Officer", "side": "Acquisition", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-07-09", "insider": "TRUMP, DONALD J. JR", "role": "Director", "side": "Acquisition", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-06-08", "insider": "LANGSTON, WILLIE", "role": "Director", "side": "Acquisition", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": "25190.0000", "value_label": "$25.2K"}, {"date": "2026-05-15", "insider": "WUNDERLICH, DUSTY", "role": "Director, Chief Strategy Officer", "side": "Disposal", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": "10315.7613", "value_label": "$10.3K"}, {"date": "2026-05-15", "insider": "RINN, JAMES", "role": "Director, Chief Financial Officer", "side": "Disposal", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": "7478.4411", "value_label": "$7.5K"}, {"date": "2026-05-15", "insider": "PENA, MICHAEL", "role": "Chief Financial Officer", "side": "Disposal", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": "2703.0510", "value_label": "$2.7K"}, {"date": "2026-05-14", "insider": "WUNDERLICH, DUSTY", "role": "Director, Chief Strategy Officer", "side": "Disposal", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": "7100.5508", "value_label": "$7.1K"}, {"date": "2026-05-14", "insider": "RINN, JAMES", "role": "Director, Chief Financial Officer", "side": "Disposal", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": "5147.0734", "value_label": "$5.1K"}, {"date": "2026-05-14", "insider": "PENA, MICHAEL", "role": "Chief Financial Officer", "side": "Disposal", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": "1860.4838", "value_label": "$1.9K"}, {"date": "2026-05-13", "insider": "WUNDERLICH, DUSTY", "role": "Director, Chief Strategy Officer", "side": "Disposal", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": "7679.8775", "value_label": "$7.7K"}, {"date": "2026-05-13", "insider": "RINN, JAMES", "role": "Director, Chief Financial Officer", "side": "Disposal", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": "5567.4990", "value_label": "$5.6K"}, {"date": "2026-05-13", "insider": "PENA, MICHAEL", "role": "Chief Financial Officer", "side": "Disposal", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": "2012.1345", "value_label": "$2.0K"}, {"date": "2026-05-12", "insider": "RINN, JAMES", "role": "Director, Chief Financial Officer", "side": "Disposal", "security": "Restricted Stock Units", "evidence_class": "equity_award", "value": null, "value_label": "Not reported"}, {"date": "2026-05-12", "insider": "RINN, JAMES", "role": "Director, Chief Financial Officer", "side": "Acquisition", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-12", "insider": "WUNDERLICH, DUSTY", "role": "Director, Chief Strategy Officer", "side": "Acquisition", "security": "Class A Common Stock, par value $0.0001 per share", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-12", "insider": "WUNDERLICH, DUSTY", "role": "Director, Chief Strategy Officer", "side": "Disposal", "security": "Restricted Stock Units", "evidence_class": "equity_award", "value": null, "value_label": "Not reported"}], "method": "Directional scores use deduplicated, priced common-share evidence with asymmetric disposal weighting, role, freshness, and size controls."}