Newsmax says that it expects to go public within the “next 30 to 45 days” and is offering Preferred Shares to investors before any potential listing on the stock exchange. Mark Elenowitz is managing director for Digital
Offering LLC and says the deadline to apply for shares in the pre-public offering private placement is Friday (1/31). Newsmax says that its private placement investments are near the $185 million mark. Newsmax has made information about the offering available via its NewsmaxInvest.com site. The offering is available to accredited investors with an annual income of $200,000 or a $1 million-plus net worth.
