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Newsmax Announces Closing of $75 Million Initial Public Offering

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Newsmax has successfully completed its initial public offering (IPO) under Regulation A+, raising $75 million through the sale of 7.5 million shares of Class B Common Stock at $10.00 per share. The company's stock will begin trading on the New York Stock Exchange under the symbol 'NMAX' on March 31, 2025.

Prior to the IPO, Newsmax completed a private Preferred Offering in February 2025, raising $225 million. The company, founded in 1998 as a digital media brand, entered the cable news market in 2014 and has grown to become the fourth highest-rated cable news channel in the U.S., positioned behind CNN. The Reuters Institute has recognized Newsmax as one of the top 12 news brands in the U.S.

Newsmax ha completato con successo la sua offerta pubblica iniziale (IPO) ai sensi della Regolamentazione A+, raccogliendo 75 milioni di dollari attraverso la vendita di 7,5 milioni di azioni di Classe B Common Stock a 10,00 dollari per azione. Le azioni della società inizieranno a essere scambiate sulla New York Stock Exchange con il simbolo 'NMAX' il 31 marzo 2025.

Prima dell'IPO, Newsmax ha completato un'offerta privata di azioni privilegiate nel febbraio 2025, raccogliendo 225 milioni di dollari. Fondata nel 1998 come marchio di media digitale, la società è entrata nel mercato delle notizie via cavo nel 2014 ed è cresciuta fino a diventare il quarto canale di notizie via cavo più visto negli Stati Uniti, posizionandosi dietro a CNN. L'Istituto Reuters ha riconosciuto Newsmax come uno dei primi 12 marchi di notizie negli Stati Uniti.

Newsmax ha completado con éxito su oferta pública inicial (IPO) bajo la Regulación A+, recaudando 75 millones de dólares a través de la venta de 7.5 millones de acciones de Clase B Common Stock a 10,00 dólares por acción. Las acciones de la compañía comenzarán a cotizar en la Bolsa de Nueva York bajo el símbolo 'NMAX' el 31 de marzo de 2025.

Antes de la IPO, Newsmax completó una oferta privada de acciones preferentes en febrero de 2025, recaudando 225 millones de dólares. Fundada en 1998 como una marca de medios digitales, la compañía ingresó al mercado de noticias por cable en 2014 y ha crecido hasta convertirse en el cuarto canal de noticias por cable más visto en EE.UU., posicionándose detrás de CNN. El Instituto Reuters ha reconocido a Newsmax como una de las 12 mejores marcas de noticias en EE.UU.

뉴스맥스는 규제 A+에 따라 성공적으로 초기 공개 모집(IPO)을 완료하였으며, 7,500만 달러를 모금했습니다. 이는 주당 10.00달러에 750만 주의 B 클래스 보통주를 판매한 결과입니다. 회사의 주식은 2025년 3월 31일부터 뉴욕 증권 거래소에서 'NMAX'라는 기호로 거래를 시작할 예정입니다.

IPO 이전에 뉴스맥스는 2025년 2월에 사모 우선주 공모를 완료하여 2억 2,500만 달러를 모금했습니다. 1998년 디지털 미디어 브랜드로 설립된 이 회사는 2014년에 케이블 뉴스 시장에 진입하였으며, 현재 미국에서 네 번째로 높은 시청률을 기록하는 케이블 뉴스 채널로 성장하였습니다. CNN에 이어 두 번째로 높은 순위입니다. 로이터 연구소는 뉴스맥스를 미국의 12대 뉴스 브랜드 중 하나로 인정하였습니다.

Newsmax a réussi à compléter son introduction en bourse (IPO) sous la réglementation A+, levant 75 millions de dollars grâce à la vente de 7,5 millions d'actions de Classe B Common Stock à 10,00 dollars par action. Les actions de la société commenceront à être échangées à la Bourse de New York sous le symbole 'NMAX' le 31 mars 2025.

Avant l'IPO, Newsmax a complété une offre privée d'actions privilégiées en février 2025, levant 225 millions de dollars. Fondée en 1998 en tant que marque de médias numériques, la société est entrée sur le marché des nouvelles par câble en 2014 et est devenue la quatrième chaîne de nouvelles par câble la plus regardée aux États-Unis, se plaçant derrière CNN. L'Institut Reuters a reconnu Newsmax comme l'une des 12 meilleures marques d'actualités aux États-Unis.

Newsmax hat erfolgreich seinen Börsengang (IPO) gemäß der Regulierung A+ abgeschlossen und 75 Millionen Dollar durch den Verkauf von 7,5 Millionen Aktien der Klasse B Common Stock zu 10,00 Dollar pro Aktie gesammelt. Die Aktien des Unternehmens werden ab dem 31. März 2025 an der New Yorker Börse unter dem Symbol 'NMAX' gehandelt.

Vor dem IPO hat Newsmax im Februar 2025 eine private Vorzugsaktienemission abgeschlossen und 225 Millionen Dollar gesammelt. Das 1998 als digitale Medienmarke gegründete Unternehmen trat 2014 in den Kabelnachrichtenmarkt ein und hat sich zu dem viertmeistgesehenen Kabelnachrichtensender in den USA entwickelt, hinter CNN. Das Reuters Institute hat Newsmax als eine der 12 besten Nachrichtenmarken in den USA anerkannt.

Positive
  • Successful completion of maximum $75M IPO raise
  • Previously secured $225M through private Preferred Offering
  • Achieved fourth position in cable news channel rankings
  • Recognition as top 12 U.S. news brand by Reuters Institute
Negative
  • Potential dilution from 7.5M new shares issued

Trading of Company’s Class B Common Stock to Begin Monday on NYSE Under Symbol “NMAX”

BOCA RATON, Fla.--(BUSINESS WIRE)--

Newsmax Inc. (“Newsmax” or the “Company”) 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 $10.00 per share.

Newsmax’s Class B Common Stock is expected to commence trading on the New York Stock Exchange under the ticker symbol “NMAX” on Monday, March 31, 2025.

Newsmax previously completed a private Preferred Offering in February 2025, raising $225 million.

“Today marks a historic milestone for Newsmax as we transition to a publicly traded company,” Christopher Ruddy, CEO of Newsmax Inc., said.

“This incredibly successful offering, combined with our previous Preferred Offering, provides us with the capital and financial freedom to accelerate our growth initiatives, expand our programming and further enhance our digital presence. We are deeply grateful to the investors in Newsmax and are excited for the journey ahead.”

Digital Offering LLC acted as the lead selling agent for the Public Offering.

Founded in 1998 as a digital media brand, Newsmax entered the cable news market in 2014. Since then, the network has had an astonishing rise, climbing into the top tier of cable channels, and is now the fourth highest-rated cable news channel in the U.S., just behind CNN. Last year the Reuters Institute identified Newsmax as one of the top 12 news brands in the U.S.

About Newsmax

Newsmax Inc. is a holding company that owns 100% of the equity interests of its operating company Newsmax Media, Inc. Newsmax Media, Inc., the parent company of Newsmax Broadcasting LLC, offers Americans independent news. Since its founding in 1998 by award-winning journalist Christopher Ruddy, Newsmax has become a go-to place for Americans seeking real news, insightful perspective and honest opinion.

Newsmax operates the Newsmax channel, now the fourth highest-rated cable news channel, according to Nielsen, and is available on all major cable systems and OTT platforms.

Newsmax's media properties reach more than 40 million Americans regularly through the Newsmax channel, its free streaming channel Newsmax2, the Newsmax App and its streaming service Newsmax+, its website Newsmax.com, and publications like Newsmax Magazine.

Forbes has called Newsmax “a news powerhouse” and the New York Times has said it is a “potent force” in U.S. news.

Through its media outlets Newsmax champions a free press, one that provides Americans with balanced coverage, diverse viewpoints, and open debates on the issues affecting their lives.

Newsmax Inc., based in Boca Raton, Fla., with offices in Washington, D.C. and New York City, is headed by its CEO Christopher Ruddy.

About Digital Offering, LLC: Digital Offering, LLC, a leader in crowd financed public offerings, is a next generation investment bank with a focus on technology and innovation utilizing The Jumpstart Our Business Startups Act, or JOBS Act.

FORWARD-LOOKING STATEMENTS: This communication contains forward-looking statements. The Company bases these forward-looking statements on its expectations and projections about future events, which it derives from the information currently available to it. Such forward-looking statements relate to future events or its future performance, including its financial performance and projections; growth in its revenue and earnings; and the Company’s business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: the Company’s ability to change its direction; its ability to keep pace with new technology and changing market needs; and the competitive environment of its business. These and other factors may cause the Company’s actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this communication may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about the Company. The Company is not obligated to publicly update or revise any forward-looking statement.

Investor Contacts

Digital Offering

digitaloffering@newsmax.com



Investor Relations

ir@newsmax.com

Source: Newsmax Inc.

FAQ

How much did Newsmax raise in its IPO and at what share price?

Newsmax raised $75 million in its IPO through selling 7.5 million shares of Class B Common Stock at $10.00 per share.

When will NMAX stock begin trading on the NYSE?

NMAX stock will begin trading on the New York Stock Exchange on March 31, 2025.

How much additional funding did Newsmax secure before its IPO?

Newsmax completed a private Preferred Offering in February 2025, raising $225 million.

What is Newsmax's current position in cable news rankings?

Newsmax is the fourth highest-rated cable news channel in the U.S., positioned behind CNN.
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