Newsmax Plans Public Offering – Shares Up For Grabs

- July 12, 2024
0 views 3 min

For some Democrats, President Biden's recent press conference, while managing to exceed some expectations, did little to salvage his reelection campaign. His performance, marred by numerous gaffes, has led to calls for a change in leadership.

Rep. (D-Conn.), the ranking Democrat on the House Intelligence Committee, voiced his concerns following Biden's unscripted and often awkward interaction with the press. Himes emphasized the risk of relying on an 81-year-old president prone to off-script mishaps.

“Imagine that three months from now, we get another performance like there was in the debate.

According to its latest press release, is actively working on going public, a move that would include listing its shares on the New York Stock Exchange (NYSE). The decision by the Trump-embracing conservative outlet, which aims to rival Fox News, is part of a broader strategy to expand its financial base and media presence.

Until today, details concerning a speculative public offering remained murky, but that changed following the news from Boca Raton, Florida:

In preparation for this contemplated initial public offering, Newsmax is launching a private placement offering seeking to raise up to $225 million.

“While achieving significant success, Newsmax has stayed true to our mission of providing Americans with honest and real news,” , CEO of Newsmax, said of the company's plans.

“Now more than ever, especially in this election year of 2024, America needs Newsmax and you can join with us as an investor,” Ruddy said.

For a limited-time, eligible investors will be able to invest in this private offering.

The private offering is only available to accredited investors.

The current private offering currently consists of shares of the Company's Series B 7% Convertible Preferred Stock for a maximum Offering amount of up to $225 million.

The company's subsidiary, Newsmax Media Inc., operates the nation's fourth highest-rated cable news channel in the U.S., as well as several media platforms reaching more than 40 million Americans regularly.

Qualified prospective investors who meet the qualifications of an “accredited investor”* can invest as little as $5,000 in this offering and join Newsmax as a shareholder and owner.

Going public could provide Newsmax with significant capital, which it could use for expansion, improving technology, hiring talent and enhancing content offerings. The influx of capital would help the relatively new cable outlet compete with the established giants.

But the decision also brings substantial risks. Success will hinge on various factors, including Newsmax's capacity to distinguish itself in a crowded and fiercely competitive media landscape.

READ NEXT: Sorry, LGBTQ Activists: Palestinian Society's Harsh Reality Exposed

Security

0 views
American Liberty News

US Allies Preparing For Looming War In Space

THURSDAY PDB – Ariane 6 launch returns in-house space access to Europe’s armed
- July 11, 2024
0 views
American Liberty News

Enemy Spies Knew Of Biden’s Senility Before Most Americans: Report

ANALYSIS – Joe Biden’s frailty and senility isn’t news to those of
- July 11, 2024
0 views
American Liberty News

Trump Is Right – NATO Needs To Lead On Defending Europe

WEDNESDAY PDB – And NATO is listening. Trump ally warns Eastern Europe
- July 10, 2024
0 views
American Liberty News

Report: Biden Skipped Crucial Meeting Because Of Early Bedtime

The Wall Street Journal reported Wednesday that President Joe Biden declined an
- July 10, 2024

Foreign Affairs

0 views
American Liberty News

Report: Biden Skipped Crucial Meeting Because Of Early Bedtime

The Wall Street Journal reported Wednesday that President Joe Biden declined an
- July 10, 2024
0 views
American Liberty News

The French Revolution: Part Deux

French Prime Minister Gabriel Attal announced his resignation following the victory of
- July 10, 2024
0 views
American Liberty News

Columbia University Addresses Antisemitic Texts From Administrators

Columbia University has finally addressed the issue surrounding the three deans who
- July 10, 2024
0 views
American Liberty News

BBC Host Calls For Trump’s Assassination, Blames Critics For Lack Of Humor

BBC presenter David Aaronovitch has come under fire for urging President Biden
- July 9, 2024

Business & economics

0 views
American Liberty News
0 views
American Liberty News

Congress Investigating Whether Woke Activists Broke Federal Tax Law With ESG Investment Schemes

A key congressional committee is now investigating whether a liberal activist scheme to
- June 25, 2024
0 views
American Liberty News

Elizabeth Warren For Fairness?

Today, U.S. Senator Elizabeth Warren, also known as the fake Indian, will speak
- June 17, 2024
0 views
American Liberty News

Citizens Sue City Over Scheme To Pay Race Reparations

A group of Evanston, Illinois, residents are suing their city government over a
- June 7, 2024

heath & science

0 views
American Liberty News

Award-Winning Actress Shelley Duvall Passes Away At 75

Award-winning actress Shelley Duvall has died. The longtime movie star and producer known
- July 11, 2024
0 views
American Liberty News

Former Oklahoma Senator Jim Inhofe Dead At 89

Former Oklahoma Senator Jim Inhofe, a towering figure in conservative politics, passed away
- July 10, 2024
0 views
American Liberty News

Renowned Neurologist’s Frequent White House Visits Raise Alarms

Much of the country believes that Joe Biden does not have the mental
- July 10, 2024
0 views
American Liberty News

Joe Biden Is The Real ‘Cheap Fake’ – Entire Presidency A Lie

ANALYSIS – Cheap fake president. Despite the outrageous spin and deception, by the
- July 9, 2024

American Liberty Arms

Hunter Biden Resubmits Motion For New Trial On Gun Charges

Via Bearing Arms by Tom Knighton Hunter Biden is currently a convicted felon.  No, I

FBI: Gun-Controlled California Leads Nation In ‘Active Shooter Incidents’

Via Bearing Arms By Tom Knighton Gun control advocates often claim that various regulations are essential

Top 10 States For Gun Sales

A report in USA Today about the number of privately-owned guns in the U.S. reveals in the

Michigan Lawmakers Propose AR-15 As Official State Gun

By Doug Howlett The Truth About Guns In a move that expectedly has some anti-gunners

At American Liberty News, we eschew the mainstream media’s tightly controlled narrative to provide our readers with real news, real insights, and the means to take action. We seek out insightful coverage – and partner with knowledgeable and experienced people and organizations to bring you the information and insight our readers demand.

 

We humbly seek to provide the tools and information necessary for our readers to decide for themselves what is true and what is right.

American Liberty News ©2022

Evolution Digital Media  |   1900 Reston Metro Plz  |  Suite 600  |  Reston, VA 20190