The Trump family makes new investments: Blank check company Colombier Acquisition Corp. III applies for a $260 million IPO in the United States.

Colombier Acquisition Corp. III, supported by Omeed Malik, officially submitted its initial public offering application to the U.S. Securities and Exchange Commission last Friday. The Florida-based company plans to issue 26 million shares of stock priced at $10 per share, with a target of raising $260 million in capital. Colombier stated that it will apply to list its units on the New York Stock Exchange under the ticker symbol "CLBR U." Roth Capital is the underwriter for this offering. In the context of a SPAC, "units" refer to the smallest trading unit issued by a SPAC during its IPO, usually consisting of 1 share of common stock combined with a portion of a warrant, such as 1/2 or 1/3. Investors initially purchase units and can later choose to split them up and trade the stock and warrant separately. It is worth noting that Donald Trump Jr., son of former U.S. President Donald Trump, is a board member of the company and has been a partner at the investment firm 1789 Capital since November 2024. 1789 Capital was co-founded by Omeed Malik and Chris Buskirk in 2022, with a clear slogan on its website stating "Funding the next chapter of American exceptionalism." Malik himself is a significant donor to Trump's presidential campaigns. Another director is Wall Street figure Chamath Palihapitiya, known as the "King of SPACs" for leading several high-profile SPAC transactions. As a special purpose acquisition company, SPACs raise funds through an IPO to merge with a private company and take it public, bypassing the traditional IPO regulatory process. This IPO is the latest move in the Trump family's recent investment portfolio - the family has previously been involved in projects such as the meme coin project launched in January and the cryptocurrency company World Liberty Financial in which the former President partially holds shares. GrabAGun, a gun retailer supported by Donald Trump Jr., completed its listing by merging with Colombier Acquisition Corp. II, which was previously supported by Malik.