---
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"
generated_at: "2026-05-23T20:21:50.435943+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Newsmax enters $1.2B standby equity purchase agreement with Yorkville Advisors

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-029186
- JSON: https://secwatch.observer/filing/0001213900-25-029186.json
- Plain text: https://secwatch.observer/filing/0001213900-25-029186.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.