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Next SPAC From Trump Jr., Omeed Malik to Target US Manufacturing

July 17, 2025, 8:32 PM UTC
Natalia Kniazhevich
Natalia Kniazhevich
Bloomberg Editorial

After debuting firearm retailer GrabAGun Digital Holdings Inc. on Wednesday, Donald Trump Jr., a partner at 1789 Capital, and the firm’s founder Omeed Malik are looking for their next big blank-check deal.

The likely theme: the “reindustrialization” of America, the pair said in a joint interview at the New York Stock Exchange.

“How are we going to help in some way develop a more sophisticated level of manufacturing at home that’s going to help national security?” Malik said. “I like that as a broad theme.”

GrabAGun is part of an uptick in special-purpose acquisition company mergers this year. ...

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