
Shares of Newsmax (NASDAQ: NMAX) shot higher with yesterday’s Initial Public Offering.
By the end of the day the stock closed at $84 – a 745% gain in just 1-day.
Claim shares of the next Pre-IPO ASAP. My estimates suggest shares could jump 457% when it goes public.
Click here now for instant access.
Newsmax is a conservative media company launched in 1998. In the last decade Newsmax has expanded into cable news with distribution to 40 million homes.
Newsmax is led by founder Chris Ruddy. Ruddy is a longtime friend and advisor to President Trump.
Will President Trump BUY This Pre-IPO?
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Newsmax priced its IPO at $10 and opened for trading at $14.
Trading was halted several times during the day – due to the huge volatility for the stock.
Newsmax raised $75 million in the IPO.
The company raised $225 million in a Regulation A offering from accredited investors in 2024.
Newsmax generated $80 million in revenues in the first half of 2024 – a 35% increase.
Investor’s view Newsmax as a way to capitalize on President Trump’s 2nd term.
Newsmax valuation soared to around $9 billion based on Monday’s closing price. That suggests that the company is valued at more than 50x its annual sales run-rate.
Newsmax shows that the IPO market is heating up.
A new company that I call “the next SpaceX” could go public by September.
Today, you can scoop up Pre-IPO shares for less than $4. And my estimates suggest the IPO price will be at least $20.
That means early investors could see quick gains of 457% in the coming months.
This Pre-IPO financing is closing soon.
That’s why I’m hosting a LIVE Zoom call to reveal everything.
Simply click here ASAP to join me (it’s free).
Ian Wyatt