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Eric and Trump Jr-backed manufacturing SPAC files for $300 million US IPO

On Aug. 04, 2025, New America Acquisition I Corp filed a registration statement with the SEC, backed by Donald Trump Jr. and Eric Trump for a $300 million IPO on the NYSE.
Following the administration’s reshoring push, New America Acquisition I Corp aims to support domestic manufacturing, aligning with President Donald Trump’s ‘America First’ policies, as filings reveal.
According to filings, the SPAC plans to raise $300 million by issuing 30 million units at $10 each, with each including a share of Class A common stock and a half-warrant at $11.50, targeting mergers valued at $700 million or more.
Under the deal, Donald Trump Jr. and Eric Trump will serve on the advisory board receiving a combined five million shares, with Eric Trump awarded three million founder shares and Donald Trump Jr. two million.
Past performance shows the family’s SPAC venture with Trump Media & Technology Group drove a brief windfall, raising net worth to $6.4 billion before the stock plunged over 20%.

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13 Articles

Axios

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Business Live

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New York Post

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Don Jr., Eric Trump back blank-check company that aims to boost US manufacturing

Eric Trump and Donald Trump Jr. are backing New America Acquisition I Corp, a SPAC targeting US manufacturers that is hoping for a $300 million public offering on the New York Stock Exchange, according to filings on Monday.

14 hours ago·New York, United States

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