Investing.com — Newsmax Inc., a holding company that owns Newsmax Media, Inc., has successfully completed its initial public offering (IPO) under Regulation A+, raising the maximum allowed amount of $75 million. The offering was completed through the sale of 7.5 million shares of Class B Common Stock at a public offering price of $10.00 per share.

The company’s Class B Common Stock began trading this morning on the New York Stock Exchange (NYSE) under the symbol “NMAX”. The stock opened at $14.00, a significant rise from its IPO price.

Newsmax Inc. is the parent company of Newsmax Media, Inc., which in turn owns Newsmax Broadcasting LLC, a provider of independent news to Americans.

The IPO follows a private Preferred Offering that Newsmax completed in February 2025, during which the company raised $225 million. The lead selling agent for the Public Offering was Digital Offering LLC.

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