Newsmax Inc. today announced the successful completion of its initial public offering under Regulation A+, raising the maximum allowed of $75 million through the sale of 7.5 million shares of Class B Common Stock at a public offering price of $10 per share.
Newsmax’s Class B Common Stock is expected to commence trading on the New York Stock Exchange under the ticker symbol NMAX on Monday, March 31, 2025.
Newsmax previously completed a private Preferred Offering in February 2025, raising $225 million.
Read more at Newsmax© 2025 Newsmax. All rights reserved.