Welcome to our dedicated page for New America Acquisition I SEC filings (Ticker: NWAX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for New America Acquisition I Corp. (NYSE: NWAX), a Florida-incorporated special purpose acquisition company. Its filings describe the structure of its units, Class A common stock, and warrants, as well as the terms of its initial public offering and concurrent private placement. Investors can review these documents to understand the company’s capital structure and the framework governing its search for an initial business combination.
Key filings include current reports on Form 8-K that detail material events such as the completion of the IPO, the issuance of units and private placement units, and the establishment of a U.S.-based trust account. These reports explain how much of the net proceeds were deposited into the trust account, the limited circumstances under which funds may be released, and the conditions tied to completing a business combination or redeeming public shares.
Over time, users can also review annual reports on Form 10-K, quarterly reports on Form 10-Q, and any additional Forms 8-K that may disclose definitive agreements for a business combination or proposed amendments to the company’s charter affecting shareholder rights. Forms related to registration rights or changes in securities terms can further clarify how units, common stock, and warrants function.
Stock Titan enhances these SEC filings with AI-powered summaries that highlight key terms, timelines, and shareholder protections. Instead of reading each document in full, users can rely on concise explanations of trust account provisions, redemption mechanics, and the implications of any announced business combination. Real-time updates from EDGAR, along with access to structured data on the company’s securities, help readers follow New America Acquisition I Corp.’s regulatory disclosures efficiently.
New America Acquisition I Corp., a Florida-based SPAC formed on May 28, 2025, files its annual report outlining its capital structure and plans to complete an initial business combination. The company sold 34,500,000 units in its IPO on December 5, 2025 at $10.00 per unit, raising $345,000,000, and issued 600,000 private placement units for an additional $6,000,000.
A total of $345,000,000 from the IPO and private placement was placed in a trust account invested in short-term U.S. government securities or qualifying money market funds, intended to fund a future merger. Public stockholders are entitled to redeem their shares at approximately $10.00 per share in connection with a business combination, certain charter amendments, or liquidation.
The SPAC has an 18‑month completion window from the IPO closing, extendable to 24 months if it signs a definitive deal within 18 months, and may seek further extensions with stockholder approval. It aims to acquire primarily U.S.-based businesses, targeting an aggregate enterprise value of $700 million or greater, and details extensive redemption, voting, conflict-of-interest and liquidation protections for investors.
New America Acquisition I Corp. reported an indirect insider sale of founder shares. An entity associated with director Theodore William McDonagh, New America Sponsor I LLC, sold 50,000 shares of the issuer’s Class B common stock, described as founder shares that automatically convert into Class A common stock on a one-for-one basis at the time of the initial business combination or earlier at the holder’s option.
McDonagh’s interest is through membership interests in the sponsor, and he may be deemed to beneficially own the 50,000 shares held by the sponsor to the extent of his pecuniary interest. He does not have voting or dispositive control over the sponsor and disclaims beneficial ownership beyond that economic interest.
New America Acquisition I Corp. reported an insider-related sale of 50,000 shares of its Class B common stock, known as founder shares. The transaction is coded as an open-market or private sale and is reported as an indirect holding.
The shares are held by New America Sponsor I LLC, a sponsor entity in which director Steven Scopellite has a membership interest. He may be deemed to beneficially own these 50,000 shares through that interest but has no voting or dispositive control over the sponsor and disclaims beneficial ownership except for his pecuniary interest.
The founder shares will automatically convert into Class A common stock on a one-for-one basis at the time of the company’s initial business combination, or earlier at the holder’s option, subject to certain adjustments, and they have no expiration date.
New America Sponsor I LLC, an entity associated with director Luisa Ingargiola of New America Acquisition I Corp., sold 50,000 shares of Class B common stock in an open-market transaction. Ingargiola’s interest is indirect through the sponsor; she has no voting or dispositive control and disclaims beneficial ownership beyond her pecuniary interest. The Class B founder shares automatically convert into Class A common stock at the initial business combination on a one-for-one basis, subject to adjustments.
New America Acquisition I Corp. reporting persons New America Sponsor I LLC and Kevin McGurn disclose beneficial ownership of 13,100,000 shares of common stock, representing 26.31% based on a denominator of 49,800,000 shares as described in the filing. The holdings consist of 12,500,000 Founder Shares convertible into Class A common stock and 600,000 Class A shares underlying private placement units; private placement warrants held by the Sponsor are not exercisable within 60 days.
New America Acquisition I Corp. director Stefan Passantino reported an initial indirect holding of 50,000 founder shares. The filing shows beneficial ownership of Class B common stock that will automatically convert into Class A common stock on a one-for-one basis when the company completes its initial business combination or earlier at the holder’s option.
The 50,000 shares are held by New America Sponsor I LLC, and Passantino’s interest comes through membership interests in that sponsor entity. He does not have voting or dispositive control over the sponsor and disclaims beneficial ownership of the shares except to the extent of his pecuniary interest.
New America Acquisition I Corp. director Kyle Michael Wool filed an initial ownership report showing an indirect beneficial interest in 1,100,000 shares of Class A common stock of New America Acquisition I Corp. The shares were issued to Dominari Securities LLC or its designees upon the closing of the company’s initial public offering. Wool is Chief Executive Officer of Dominari Securities LLC and may be deemed to have or share beneficial ownership of the shares held directly by Dominari Securities LLC, but he disclaims beneficial ownership beyond any pecuniary interest.
New America Acquisition I Corp. disclosed that investment firms affiliated with Anson Funds have reported a significant passive stake in its Units. Anson Funds Management LP, Anson Management GP LLC, Anson Advisors Inc., and individuals Tony Moore, Amin Nathoo, and Moez Kassam together report beneficial ownership of 2,968,491 Units, representing 8.6% of the outstanding Units.
The Units each consist of one share of Class A common stock and one-half of one redeemable warrant. The filing explains that Anson entities act as co-investment advisers to private funds that hold these Units and may share voting and disposition power over them. The holders certify the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
New America Acquisition I Corp. (NWAX) received a Schedule 13G reporting that Weiss Asset Management LP, GP LLC and Andrew M. Weiss beneficially own 1,886,812 shares of Class A common stock, representing 5.4% of the class.
The filing shows they have shared power to vote and dispose of these shares, with no sole voting or dispositive power. The stake is held through a private partnership and funds managed by Weiss Asset Management, and each reporting person disclaims beneficial ownership beyond their economic interest.
The securities are stated to be held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
New America Acquisition I Corp. reported changes to its board of directors. George O’Leary resigned as a director, and the company stated his resignation was not due to any disagreement with management or the board. The board appointed Stefan C. Passantino as a Class I director and Kyle Wool as a Class III director, both effective immediately. Wool was also named to the Investment Committee and became Chairman of the Board, and the board size increased from five to six directors.
The company entered into standard indemnity agreements with both new directors. Passantino is party to an existing letter agreement tied to the company’s IPO, which includes voting and liquidation commitments, transfer restrictions, and indemnification obligations. He will also receive an indirect interest in 50,000 Class B shares through New America Sponsor I LLC, and the board determined he qualifies as an independent director under New York Stock Exchange rules.