financetom
Business
financetom
/
Business
/
Newsmax Closes $75 Million IPO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Newsmax Closes $75 Million IPO
Mar 28, 2025 8:19 AM

10:47 AM EDT, 03/28/2025 (MT Newswires) -- Newsmax ( NMAX ) said Friday it has closed its initial public offering of 7.5 million class B shares at $10 apiece for gross proceeds of roughly $75 million.

The media holding company's shares are expected to begin trading on the New York Stock Exchange on Monday, Newsmax ( NMAX ) said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-KKR-Led Consortium Starts Sale Process For Around $3.0 Billion Philippines Hospital Business - WSJ
BRIEF-KKR-Led Consortium Starts Sale Process For Around $3.0 Billion Philippines Hospital Business - WSJ
Aug 13, 2024
Aug 14 (Reuters) - * KKR-LED CONSORTIUM STARTS SALE PROCESS FOR AROUND $3.0 BILLION PHILIPPINES HOSPITAL BUSINESS - WSJ * KKR-LED CONSORTIUM STARTS SALE PROCESS FOR AROUND $3.0 BILLION PHILIPPINES HOSPITAL BUSINESS - WSJ Source text: [https://tinyurl.com/3mruzee8] Further company coverage: ...
Ukraine pounds Russia with drones and says it is advancing deeper
Ukraine pounds Russia with drones and says it is advancing deeper
Aug 13, 2024
* Ukraine attacks Russia with 117 drones, Russia says * Zelenskiy: Ukraine is going deeper into Russia * Biden: incursion 'a real dilemma for Putin' * Russia fighting intense battles in Kursk, bloggers * claims control of 74 settlements in Kursk * Russia says it halted advance of Kyiv's troops (Recasts paragraph 1) By Guy Faulconbridge and Lidia Kelly MOSCOW,...
Mpox vaccines likely months away even as WHO, Africa CDC discuss emergency
Mpox vaccines likely months away even as WHO, Africa CDC discuss emergency
Aug 13, 2024
LONDON, Aug 14 (Reuters) - Vaccines to help curb an escalating mpox outbreak in Democratic Republic of Congo and neighbouring countries may still not reach the central African country for months even as the World Health Organization considers following Africa's top public health agency in declaring the outbreak an emergency. On Tuesday, Africa Centres for Disease Control and Prevention declared...
Oil gains on Middle East war concerns, US crude stockpile drop
Oil gains on Middle East war concerns, US crude stockpile drop
Aug 13, 2024
(Reuters) -Oil prices climbed on Wednesday after an industry report showed U.S. crude and gasoline inventories fell and as the market watched for a possible widening of the Israel-Gaza war, which may impact global oil supplies. Brent crude futures rose 56 cents, or 0.7%, to $81.25 a barrel by 0540 GMT. U.S. West Texas Intermediate crude increased by 59 cents,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved