
Newsmax has announced its plans to initiate an initial public offering (IPO) and list on the New York Stock Exchange (NYSE) under the ticker symbol $NMAX. The company aims to raise up to $75 million through this public listing, which is scheduled for March 31, 2025. Prior to the IPO, Newsmax successfully completed a pre-IPO preferred offering that raised $225 million. This move marks a significant step for the media company as it seeks to expand its financial base and enhance its market presence.
BREAKING: NEWSMAX IPO announced on Business Wire! Plans NYSE listing on March 31 as $NMAX, See More: https://t.co/4cOi5zcDsK @NYSE @BusinessWire https://t.co/Pd8Jpwgh8A
Newsmax seeks to raise up to $75M ahead of its public listing on the NYSE, planned for March 31, and says its earlier pre-IPO preferred offering raised $225M (Sandy Fitzgerald / Newsmax) https://t.co/d9dw4wRCQv https://t.co/nBuBp0o77x
Newsmax Begins Initial Public Offering, Plans to List on NYSE https://t.co/YgcZ95z7JB https://t.co/Quoybxuv5k
