other material
confidence high
sentiment neutral
materiality 0.50
New America Acquisition I Corp. completes $345M IPO and $6M private placement
New America Acquisition I Corp.
- Closed IPO of 34.5M units at $10/unit, including full over-allotment; gross proceeds $345M before expenses.
- Sponsor purchased 600k private placement units for $6M; units subject to transfer restrictions until business combination.
- $345M net proceeds deposited into trust account; funds released only upon business combination, amendment vote, or liquidation within 18-24 months.
- Audited balance sheet as of Dec 5, 2025: total assets $346.6M, trust $345M, shareholders' equity $1.07M.