Newsmax Begins Initial Public Offering, Plans to List on NYSE 
 
 
   SEC Qualifies Company's Regulation A+ Offering for $75 Million 
 
 
BOCA RATON, Fla.--(BUSINESS WIRE)--March 11, 2025-- 
 
   Newsmax Inc. ("Newsmax" or the "Company") today announced the launch of 
its initial public offering $(IPO.UK)$ under Regulation A+, inviting 
investors nationwide to become shareholders in its rapidly evolving 
television and digital media platforms. 
 
 
   Last week the Company's Offering Statement was qualified by the 
Securities and Exchange Commission ("SEC"). The Company is now seeking 
to raise up to $75 million with a planned March 31, 2025 listing on the 
New York Stock Exchange $(NYSE)$ under the ticker symbol "NMAX", subject 
to NYSE approval. 
 
 
   Newsmax's Public Offering comes shortly after it completed a private 
Preferred Offering in February raising $225 million, oversubscribing the 
offering by $75 million. 
 
 
   Initial Public Offering Details: 
 
   -- Securities Offered: Common Stock 
 
   -- Offering Size: Up to $75 million 
 
   -- Price: $10.00 per share 
 
   -- Minimum Investment: $500 or 50 shares 
 
 
   How To Invest: 
 
   -- Those interested in purchasing shares in the public offering should visit 
      www.newsmaxinvest.com and hit the "Invest Now" button. 
 
   -- Investors are not required to be accredited and any individual over 18 
      years of age is able to purchase shares. 
 
 
   "Our success with our Preferred raise shows the enormous support our 
company has as we made thousands of Americans part owners in Newsmax," 
Christopher Ruddy, CEO of Newsmax Inc. said. "Now, the initial public 
offering opens the door for tens of thousands more to join our news 
revolution and be a part of the first ever company to complete a crowd 
financed offering on to the main board of the NYSE." 
 
 
   "We have been completing Regulation A offerings since we completed the 
first ever national securities listing of a Reg A in 2017, and we have 
not seen the level interest as with Newsmax," Mark Elenowitz, Managing 
Director of Digital Offering, said. 
 
 
   He said his bank expects to complete the offering soon and expects to 
public list the Company on the NYSE on March 31, 2025. 
 
 
   Digital Offering LLC is acting as the lead selling agent for the 
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. 
 
 
   The Company has developed a significant audience, reaching over 40 
million Americans each month through its television broadcasts and 
multi-platform content, and now, with the recent addition of YouTube TV, 
is in almost 60 million homes. 
 
 
   According to Nielsen in 2024, Newsmax was up double-digits across all 
dayparts: 23% among all audiences in Total Day, compared to 2023; up 15% 
in daytime; 37% in access; 26% in prime and 43% on weekends. In June of 
2024, the Reuters Institute global survey found Newsmax was 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. is the 
parent company of Newsmax Broadcasting LLC and a multimedia company that 
offers Americans independent news. Since its founding in 1998 by 
Christopher Ruddy, an award-winning journalist, Newsmax has become a 
go-to place for Americans seeking real news and opinion. 
 
 
   Newsmax operates the Newsmax channel, now the fourth highest-rated cable 
news channel, according to Nielsen, and 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 calls Newsmax "a news powerhouse." 
 
 
   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 our lives. 
 
 
   Newsmax Inc., based in Boca Raton, Fla., with offices in Washington, 
D.C. and New York City, is a privately held company headed by its CEO 
and majority shareholder Christopher Ruddy. For more information about 
Newsmax, please visit https://www.NewsmaxInvest.com. 
 
 
   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. 
 
 
   DISCLAIMER: The offering will be made only by means of an offering 
statement. An offering statement on Form 1-A relating to these 
securities has been filed with the U.S. Securities and Exchange 
Commission and has become qualified. The securities offered by Newsmax 
are highly speculative. Investing in shares of Newsmax involves 
significant risks. The investment is suitable only for persons who can 
afford to lose their entire investment. Furthermore, investors must 
understand that such investment could be illiquid for an indefinite 
period of time. No public market currently exists for the securities, 
and if a public market develops following the offering, it may not 
continue. 
 
 
   Newsmax intends to list the Class B Common Stock offered under this Form 
1-A on the New York Stock Exchange ("NYSE") under the symbol "NMAX" and 
doing so entails significant ongoing corporate obligations including but 
not limited to disclosure, filing and notification requirements, as well 
compliance with applicable continued quantitative and qualitative 
listing standards. For additional information on Newsmax, the offering 
and any other related topics, please review the offering statement that 
can be found 
https://www.sec.gov/edgar/search/#/ciks=0002026478&entityName=Newsmax%2520Inc.%2520(NMAX)%2520(CIK%25200002026478). 
Additional information concerning Risk Factors related to the offering, 
including those related to the business, government regulations, 
intellectual property and the offering in general, can be found in the 
section of the offering statement entitled "Risk Factors." 
 
 
   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. 
 
 
 

View source version on businesswire.com: https://www.businesswire.com/news/home/20250311246807/en/

 
 
    CONTACT:    Investor Contacts 
 
   Digital Offering 
 
   digitaloffering@newsmax.com 
 
 
   ICR 
 
 
   ir@newsmax.com 
 
 
 
 
 
 

(END) Dow Jones Newswires

March 11, 2025 09:47 ET (13:47 GMT)