Newsmax Begins Initial Public Offering Plans To List On Nyse
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 has announced the commencement of trading for its class b common stock on the new york stock exchange (nyse) under the ticker symbol 'nmax'. the company successfully completed its initial public offering under regulation a+, raising $75 million, alongside a private preferred offering that closed in february 2025, securing an additional $225 million. The company successfully raised $75 million in its initial public offering under regulation a+ as well as $225 million in a private preferred offering which closed in february. Digital offering llc acted as the lead selling agent for the public offering. (newsmax or the company) today announced the successful completion of its initial public offering under regulation a+, raising the.
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The company is now seeking to raise up to $75 million with a planned. Newsmax inc. 's initial public offering on the new york stock exchange monday raised $7. 447 billion in market capitalization, with more than six million shares trading hands and the stock closing at $83. 51 a share. Is pleased to announce that it will seek to become a public company later this year or in early 2025 with a listing on nasdaq or the nyse. In preparation for this contemplated initial public offering, newsmax is launching a private placement offering seeking to raise up to $225 million.
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