{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-029186","form_type":"8-K","ticker":"NMAX","cik":"0002026478","company_name":"Newsmax Inc.","filed_at":"2025-04-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.702587+00:00","generated_at":"2026-05-23T20:21:50.435943+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Newsmax enters $1.2B standby equity purchase agreement with Yorkville Advisors","bullets":["Agreement allows Newsmax to sell up to $1.2B of its Class B common stock to Yorkville over 24 months at its discretion.","Purchase price based on either 97% of same-day VWAP or 97.25% of lowest daily VWAP over three consecutive days.","Company paid structuring fee of $25,000 and commitment fee of $500,000 in shares to Yorkville.","Yorkville agreement includes no short-selling; beneficial ownership capped at 4.99%.","CEO Christopher Ruddy stated agreement provides flexibility to raise capital when needed and maintain strong balance sheet."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-029186","json":"https://secwatch.observer/filing/0001213900-25-029186.json","markdown":"https://secwatch.observer/filing/0001213900-25-029186.md","text":"https://secwatch.observer/filing/0001213900-25-029186.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2026478/000121390025029186/0001213900-25-029186-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2026478/000121390025029186/ea0237300-8k_newsmax.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T20:21:50.435943+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}