Core Viewpoint - The Trump family is expanding its business portfolio with a new IPO application for New America Acquisition I Corp, aiming to raise $300 million by issuing 30 million shares at $10 each, which has raised concerns regarding governance and potential conflicts of interest [3][4][6]. Group 1: Business Expansion - Eric Trump and Donald Trump Jr. are leveraging a shell company to pursue an IPO, marking the latest in a series of investments by the Trump family [3][5]. - The Trump brothers have announced various business ventures over the past year, including a meme coin and a cryptocurrency company, World Liberty Financial [5][6]. - They are involved in multiple sectors, including finance, golf courses, hotels, telecommunications, and cryptocurrency mining [5]. Group 2: Governance Concerns - The Trump brothers will hold 5 million shares in New America and serve on its advisory board, raising questions about corporate governance [6]. - Recent performance of a company associated with the Trump family, GrabAGun, saw a significant drop in stock price post-SPAC merger, indicating potential market skepticism [6][7]. - The average first-day drop for SPACs in 2025 was 8.7%, while GrabAGun's stock fell nearly 50% in three days, highlighting investor concerns [6][7]. Group 3: Controversial Statements - New America’s filing indicated that target companies should be positioned to benefit from government subsidies, which led to media scrutiny and subsequent removal of the statement [8][9]. - Legal experts have criticized the Trump family's intentions, suggesting that the removal of the statement does not eliminate the potential for conflicts of interest [9][10]. - Trump's financial disclosures have previously raised alarms regarding the separation of business interests and political power, particularly concerning his cryptocurrency earnings [10].
特朗普儿子企业再次“借壳”上市,利益冲突引质疑
第一财经·2025-08-05 06:24