Tuesday, August 27, 2024

Newsmax Plans IPO for 2024


Chris Ruddy, Newsmax CEO, is available for a rare interview to talk about Newsmax's IPO announcement and how conservative media, including talk radio, continues to shake up politics, the news business and the 2024 election.

Newsmax Plans IPO for 2024

Boca Raton, Fla.--Newsmax, Inc. is pleased to announce that it will seek to become a public company later this year or in early 2025 with a listing on Nasdaq or the NYSE. 

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," Christopher Ruddy, 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. [more...]

The Newsmax IPO has received major news attention, including The Wall Street Journal Report.

Few know the media landscape better than Chris Ruddy, founder of Newsmax and a long-time friend of President Trump. Ruddy can talk about the importance of real news for the 2024 race as well as all the latest developments in the Presidential Election.

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