Newsmax, a right-wing media company, has officially announced plans to go public and sell shares. The company aims to raise $75 million through an initial public offering (IPO). Additionally, Newsmax is considering a private placement of up to $225 million. The funds raised are expected to be used for further expansion of its media platform.
Right-wing media company Newsmax seeks to raise $75 million in IPO
Newsmax announces plans for a $75 million IPO to further expand its right-wing media platform. #Newsmax #IPO #MediaCompany
Right-wing media company Newsmax seeks to raise $75 million in IPO https://t.co/OWOv87cOp3
Newsmax plans to go public in deal expected to raise $75 million https://t.co/UUa5vnK5gB
Newsmax Eyes IPO With Private Placement of Up to $225 Million https://t.co/wOWtCQ6drU
BREAKING: It’s official: NEWSMAX plans to go public, sell shares! Full details: https://t.co/9zly0GRXeO https://t.co/nZact3vRWJ
Reuters right now https://t.co/M1f6pVJxln