SPAC backed by Trump Jr., Omeed Malik files for $260 million US IPO

(Reuters) -Colombier Acquisition Corp. III, a blank-check firm backed by Omeed Malik, filed for an initial public offering in the United States on Friday.  The Palm Beach, Florida-based company plans to offer 26 million shares priced at $10 each and is seeking to raise $260 million. Donald Trump Jr. is one of the directors and has served as a partner at investment firm 1789 Capital since November 2024. The move is the latest in a series of ventures by U.S. President Donald Trump's family, including a meme coin launched in January and World Liberty Financial – a crypto company partly owned by the president. Donald Trump Jr.-backed firearms retailer GrabAGun went public after clinching a merger with Colombier Acquisition Corp. II, a special purpose acquisition company backed by Omeed Malik, who was a prominent donor to Donald Trump's campaign. Colombier said it intends to apply to list its units on the New York Stock Exchange under the "CLBR U" ticker symbol. (Reporting by Anuj T in Bengaluru; Editing by Shreya Biswas and Pooja Desai)

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