Back to Industry News
General
Trump Jr.-Backed Colombier Acquisition Corp. III Files for $260 Million IPO
Summary generated with AI, editor-reviewed
Heartspace News Desk
•Source: Reuters
Photo by Alan Villasenor on Unsplash
TL;DR
Colombier Acquisition Corp. III, a SPAC with Donald Trump Jr. as a director, filed for a $260 million IPO, offering 26 million shares at $10 each under the ticker "CLBR U." Chamath Palihapitiya is also on the board, and the company, backed by Omeed Malik, seeks to merge with a private company, with Roth Capital as the underwriter.
Stay updated on stories like this
Key takeaways
- Colombier Acquisition Corp
- III, a blank-check company backed by Omeed Malik and with Donald Trump Jr
- as a director, has filed for a $260 million initial public offering, according to Reuters
Colombier Acquisition Corp. III, a blank-check company backed by Omeed Malik and with Donald Trump Jr. as a director, has filed for a $260 million initial public offering, according to Reuters. The company plans to offer 26 million shares priced at $10 each and has applied to list on the NYSE under the ticker symbol "CLBR U."
Donald Trump Jr., also a partner at 1789 Capital, and Chamath Palihapitiya, known for his involvement in special purpose acquisition companies (SPACs), serve as board members. Colombier Acquisition Corp. III intends to pursue a merger with a private entity. Roth Capital is acting as the underwriter for the offering.
Related Topics
SPACIPODonald Trump Jr.Omeed MalikChamath PalihapitiyaColombier Acquisition Corp. III
Never miss stories like this
Verified mention available
Free to claim
Is this your company?
Set up real-time alerts and keep your Heartspace News coverage accurate. Verified teams can update profiles, request corrections, and collaborate on future stories.
Set up alerts Takes under 1 minute • Verified manually