Newsmax Completes $150 Million Preferred Placement Ahead of Planned IPO, Extends Offering
Newsmax Inc. ("Newsmax" or the "Company") announced today that the Company has successfully raised over $150 million* in its Preferred Stock private offering, in advance of its planned Initial Public ...
Conservative network Newsmax to raise more money due to high investor demand ahead of IPO
Newsmax has upsized its preferred offering to $175M after the conservative U.S. network raised more money than it previously anticipated ahead of its initial public offering.