Trump Jr.–backed SPAC files for $260 million US IPO

A special-purpose acquisition company backed by Donald Trump Jr. and investor Omeed Malik filed for a $260 million IPO on the New York Stock Exchange. The SPAC aims to target technology and media acquisitions aligned with conservative investment mandates. Market filings show shares will be priced at $10 each. The vehicle, named Liberty Strategic Partners Acquisition Corp, adds to a resurgence in politically-themed blank-check listings after a lull in 2023-24.