Newsmax plans an IPO in 2022-2025, raising up to $225M, with CEO Christopher Ruddy emphasizing commitment to honest news.
Newsmax Inc. plans to go public, seeking a listing on Nasdaq or the NYSE in late 2022 or early 2025. In preparation for the IPO, the company is launching a private placement offering to raise up to $225 million. CEO Christopher Ruddy emphasizes that while achieving significant success, Newsmax has remained committed to providing honest and real news to Americans.
June 10, 2024
4 Articles