Newsmax Begins Initial Public Offering, Plans to List on NYSE

SEC Qualifies Company’s Regulation A+ Offering for $75 Million

Newsmax Inc. (“Newsmax” or the “Company”) today announced the launch of its initial public offering (IPO) 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.

To Buy Shares in Newsmax – Go Here Now

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.

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