New America Acquisition I Corp., a blank-check company backed by Eric Trump and Donald Trump Jr., filed on Monday for an initial public offering of up to $300 million. The special-purpose acquisition company plans to sell 30 million units at $10 apiece and list on the New York Stock Exchange. The filing says New America intends to merge with businesses that play “a meaningful role in revitalizing domestic manufacturing, expanding innovation ecosystems and strengthening critical supply chains.” It is seeking targets with a combined enterprise value of at least $700 million. Eric Trump was awarded an interest in three million founder shares and Donald Trump Jr. received two million shares. Both sons of President Donald Trump will sit on the SPAC’s advisory board. Media and technology executive Kevin McGurn will lead the company, while Kyle Wool, chief executive of Dominari Securities, joins the advisory board. Dominari Securities and D. Boral Capital are acting as joint book-running managers for the offering. Observers say the overlap between advisers and underwriters, along with the Trump family’s outsized equity stake, could draw close scrutiny from investors.