With $75 million in gross proceeds from the IPO and $225 million raised from a prior private placement of preferred stock to accredited investors, Newsmax leadership has outlined plans to fuel growth.

With $75 million in gross proceeds from the IPO and $225 million raised from a prior private placement of preferred stock to accredited investors, Newsmax leadership has outlined plans to fuel growth.

Newsmax settled a defamation lawsuit filed by Smartmatic in September for $40 million, which stemmed from claims that ...

Despite being down big from its valuation peak, Newsmax is still up roughly 154% from its $10 per share IPO price -- and the ... of $171 million last year, and performance could weaken in the ...

Newsmax had its initial public offering (IPO) on March 31 and has been incredibly ... Newsmax said that the performance made it the fifth-most-watched cable television network.

The Newsmax IPO was one for the record books ... Data from FactSet show the second-day performance of Newsmax, when it surged 179%, was one of the strongest ever for a new listing.

Previously, the Company had raised $300 million from its IPO and recent private preferred share raise. The Company plans to continue to grow its reach on the Newsmax channel, on its digital ...

Last week Newsmax Inc. successfully completed its IPO and listed on the NYSE under ... statements relate to future events or our future performance, including: our financial performance and ...

Newsmax shares experienced a dramatic rise following its IPO, with a 2,230% increase in ... Despite this volatility, the company's early stock performance captured significant market attention.