Newsmax completes $75M IPO; shares to trade on NYSE under NMAX starting March 31

Newsmax Inc.

Sold 7.5M Class B shares at $10 per share, raising $75M in gross proceeds through Regulation A+ offering.
Class B Common Stock expected to commence trading on NYSE under ticker NMAX on March 31, 2025.
Previously completed a $225M private Preferred Offering in February 2025.
Digital Offering LLC acted as lead selling agent for the public offering.
CEO Christopher Ruddy said the combined capital provides financial freedom to accelerate growth initiatives.

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