DalsnaFinance › IPOs › Newsmax Inc Class B › IPO
Newsmax Inc. completed its initial public offering on NYSE on March 31, 2025, pricing at $10.00 a share.
| Ticker | NMAX |
|---|---|
| Exchange | NYSE |
| Status | Completed |
| Listing date | March 31, 2025 |
| Offering price | $10.00 |
| Shares offered | 7,500,000 |
| Total raised | $75M |
Newsmax Inc. sold 7,500,000 shares at $10.00 each on NYSE. Multiplied out, that is $75 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $75 million total recorded for the deal.
Measured by money raised, Newsmax Inc. was tied for the 359th largest (level with 6 other deals) of 473 completed IPOs with a recorded deal size that this site tracks since October 5, 2024. The median deal in the same window raised $200 million.
Among the 126 listings on NYSE alone, it is tied for the 94th largest (level with 1 other listing).
March 2025 saw 11 completed IPOs in the site's data; by amount raised, Newsmax Inc. was the 4th largest of the 11 deals with a recorded size.
Its $10.00 offer price was tied for the 146th highest (level with 259 other listings) of the 479 listings in the window with a recorded price. A share price on its own says nothing about a company's value; it depends on how many shares exist.
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Source: SEC EDGAR filings for Newsmax Inc.. This page is general information, not investment advice.