New America Acquisition I Corp Files for IPO

A Special Purpose Acquisition Company (SPAC), backed by Eric Trump and Donald Trump Jr., has officially filed for a $300 million initial public offering (IPO) in the United States. This move marks a significant step towards merging with a business that prioritizes US manufacturing, innovation, and critical supply chains.

Advisory Roles and Executive Leadership

While the Trump sons are not part of the executive team, they will serve on the advisory board and are set to receive five million shares combined. Leading the SPAC is media executive Kevin McGurn, with Dominari Securities and D. Boral Capital underwriting the IPO. The company plans to offer 30 million units at $10 each and aims to list on the New York Stock Exchange.