New America Acquisition I Prices $300 Million Initial Public Offering

MT Newswires Live
2025/12/04

New America Acquisition I (NWAX) said late Wednesday it priced its initial public offering of 30 million units at $10 apiece.

The blank-check company has granted a 45-day overallotment option to the IPO underwriters to purchase up to 4.5 million additional units.

Each unit consists of one class A common share and one-half of a redeemable public warrant, with each warrant exercisable at $11.50 per share.

The class A shares and warrants are expected to be traded on the New York Stock Exchange under the NWAX and NWAXW tickers, respectively.

New America Acquisition I said it expects the IPO to close Friday.

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