Donald Trump Jr. - backed company files for $260 million US IPO as President Trump family business empire expands

Core Insights - 1789 Capital, launched in 2022 by Omeed Malik and Chris Buskirk, aims to support American exceptionalism and is associated with Donald Trump's political endeavors [1][7] - SPACs, or special purpose acquisition companies, are utilized to take private companies public while bypassing traditional regulatory scrutiny [2][6] - Colombier Acquisition Corp. III, backed by Omeed Malik, filed for an IPO to raise $260 million by offering 26 million shares at $10 each [7] Company Developments - Donald Trump Jr. is a director at Colombier Acquisition Corp. III and has been a partner at 1789 Capital since November 2024 [7] - GrabAGun, a firearms retailer supported by Donald Trump Jr., went public through a merger with Colombier Acquisition Corp. II, which is also backed by Malik [4][7] - Roth Capital is the underwriter for the offering of Colombier Acquisition Corp. III [4][7] Industry Context - The recent activities of the Trump family include ventures into cryptocurrency and meme coins, indicating a broader strategy in emerging financial markets [2][7] - The trend of using SPACs reflects a growing preference among companies to access public markets with less regulatory burden [2][6]