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Newsmax Inc. (NMAX) registered its shares for listing with the SEC on Form 8-A12B. EDGAR CIK 0002026478.
No person- or entity-level identity check is on record for this company. A name match is not one.
The inclusion bar: two or more independent sourced evidence families. This profile is reachable but not in the ranked index. It is a statement about how much evidence we hold, and about nothing else.
We have not established fit. That is not a soft no and not a soft yes — it is unknown, and it is never counted as a qualified prospect.
No standout signal or flag yet.
The skeptic's read what this company has said, judged against what happened
Sharpest miss on record: “Newsmax's total market cap will settle in the $2 to $4 billion range.” — Newsmax Media’s market capitalization has remained below $1.5 billion as of mid‑2026, far short of the predicted $2‑4 billion range.
Unproven ≠ false — it means the deadline or the evidence hasn't arrived. Nothing here is editorial: every count is a ledger row you can open on the Proof page.
No single number decides. Layers can disagree — that's the point. New to this? →
The most recent filing is a D/A, amending an offering already filed. An amendment may report sales made since the original and does not date them; its first-sale date is not recorded belongs to the original offering. So the latest financing date is not established. This panel is not saying the money is old, and it is not saying it is new. Neither is established by this filing.
Form D filings — the company's own authoritative record of a Reg D private raise, filed with the SEC. Primary-source evidence: not commentary, not inference. 2 filings, latest filed 2024-06-20. A Form D is filed after the sale, so the filing date is when the notice reached the SEC — not when the round closed. Where the issuer stated a first-sale date it is shown beside it, and a D/A amends an earlier offering rather than reporting a new one.
A first sale, a filing, an amendment and a public announcement are not the same event, and one date may not stand in for another. Where the latest financing date cannot be established from what we hold, this says unknown rather than substituting a date we do have.
The most recent filing is a D/A, amending an offering already filed. An amendment may report sales made since the original and does not date them; its first-sale date is not recorded belongs to the original offering. So the latest financing date is not established.
Gray-market attention, not quality. 15+ HN mentions (peak 400 points). Claim-shaped headlines are rumors until corroborated — a Tier-3 factual claim carries no evidentiary weight on its own. Risk drivers: some SEC filings on record. ▲ 400 New York Times, AP, Newsmax and others say they won't sign new Pentagon rules 2025-10-14 ↗
| Attribute | Value | Kind | Source | Observed | State | Conf. |
|---|---|---|---|---|---|---|
common_name | Newsmax | observed | intelligence.claims | 2026-10-01 | normalized | 0.90 |
community.hn.max_points | 400 | observed | artifact ↗ | 2026-09-26 | normalized | 0.20 |
community.hn.mentions | 50 | observed | artifact ↗ | 2026-09-26 | superseded | 0.20 |
community.hn.mentions | 15 | observed | artifact ↗ | 2026-10-08 | normalized | 0.20 |
community.hn.rumors | [{"url": "https://news.ycombinator.com/item?id=47419313", "title": "AI Drone Software Stock Jumps 520% in Best IPO Since Newsmax", "points": 1, "created_at": "2026-03-17", "evidence_type": "rumor", "v | observed | artifact ↗ | 2026-03-17 | superseded | 0.20 |
community.hn.rumors | [{"url": "https://news.ycombinator.com/item?id=47419313", "title": "AI Drone Software Stock Jumps 520% in Best IPO Since Newsmax", "points": 1, "created_at": "2026-03-17", "evidence_type": "rumor", "v | observed | artifact ↗ | 2026-03-17 | normalized | 0.20 |
community.hn.top_story | {"url": "https://news.ycombinator.com/item?id=45575755", "title": "New York Times, AP, Newsmax and others say they won't sign new Pentagon rules", "points": 400, "created_at": "2025-10-14"} | observed | artifact ↗ | 2025-10-14 | superseded | 0.20 |
community.hn.top_story | {"url": "https://news.ycombinator.com/item?id=45575755", "title": "New York Times, AP, Newsmax and others say they won't sign new Pentagon rules", "points": 400, "created_at": "2025-10-14"} | observed | artifact ↗ | 2025-10-14 | normalized | 0.20 |
lifecycle_stage | ipo | observed | https | 2025-03-28 | normalized | 0.95 |
market.public | {"price": 10.87, "ticker": "NMAX", "week52_low": 5.11, "week52_high": 13.18, "momentum_pct": 45.1, "range_position": 0.71, "volatility_pct": 64.2} | observed | artifact ↗ | 2026-09-26 | superseded | 0.90 |
market.public | {"price": 10.87, "ticker": "NMAX", "week52_low": 5.11, "week52_high": 13.18, "momentum_pct": 45.1, "range_position": 0.71, "volatility_pct": 64.2} | observed | artifact ↗ | 2026-09-27 | superseded | 0.90 |
market.public | {"price": 10.87, "ticker": "NMAX", "week52_low": 5.11, "week52_high": 13.18, "momentum_pct": 45.1, "range_position": 0.71, "volatility_pct": 64.2} | observed | artifact ↗ | 2026-09-28 | superseded | 0.90 |
market.public | {"price": 10.99, "ticker": "NMAX", "week52_low": 5.11, "week52_high": 13.18, "momentum_pct": 32.7, "range_position": 0.73, "volatility_pct": 62.3} | observed | artifact ↗ | 2026-09-30 | normalized | 0.90 |
outcome | {"kind": "ipo", "note": "Newsmax Inc. (NMAX) registered its shares for listing with the SEC on Form 8-A12B. EDGAR CIK 0002026478.", "amount_usd": null, "source_url": "https://www.sec.gov/Archives/edga | observed | https | 2025-03-28 | normalized | 0.95 |
platform.index_excluded | true | derived | calc | 2026-10-01 | normalized | 0.99 |
sec.cik | 0002026478 | observed | artifact ↗ | 2026-09-26 | normalized | 0.99 |
sec.form_d.count | 2 | observed | artifact ↗ | 2024-06-20 | normalized | 0.99 |
sec.form_d.filings | [{"cik": "0002026478", "form": "D/A", "filed": "2024-06-20", "accession": "0001213900-24-054025", "index_url": "https://www.sec.gov/Archives/edgar/data/2026478/000121390024054025/0001213900-24-054025- | observed | artifact ↗ | 2024-06-20 | normalized | 0.99 |
sec.form_d.latest_filed | 2024-06-20 | observed | artifact ↗ | 2024-06-20 | normalized | 0.99 |
sec.form_d.related_persons | {"filed": "2024-06-20", "persons": [{"last_name": "Ruddy", "first_name": "Christopher", "clarification": null, "relationships": ["Executive Officer", "Director"]}, {"last_name": "Burnham", "first_name | observed | artifact ↗ | 2024-06-20 | normalized | 0.99 |
sector | emerging | derived | calc | 2026-09-28 | normalized | 0.50 |
signal.attributed_claims | 1 | observed | intelligence.claims | 2026-09-26 | parsed | 0.90 |