10:24 AM EDT, 03/11/2025 (MT Newswires) -- Newsmax said Tuesday it has launched its initial public offering under Regulation A+, targeting to raise up to $75 million.

The company is offering its stock at $10 per share, with a minimum investment of 50 shares.

Newsmax said it is targeting to be listed on the New York Stock Exchange on March 31 under the ticker symbol NMAX.

The public offering comes after a private preferred offering in February that raised $225 million, the company said.