| Wall Street Journal, Major Media Cover Newsmax IPO Plan The Wall Street Journal was among several major financial media outlets to report on Newsmax's announcement that it plans to go public later this year. On Monday the Wall Street Journal published a report headlined, "Newsmax Considers IPO With Private Placement of Up to $225 Million" after the media company made a regulatory filing Monday morning. Newsmax announced Monday on its channel and website that the company was seeking to become a public company, but would first engage in a private offering of up to $225 million. Important: Find out how to invest in Newsmax now – See More Here The WSJ cited Newsmax's plan to raise capital in both private and public markets, seeking to be listed on Nasdaq or the New York Stock Exchange be the end of this year or in early 2025. Ratings service Morningstar also reported on Newsmax's plan to make a public offering, and noted the network witnessed a significant viewership bump in 2020 and again in 2023 in the aftermath of Tucker Carlson's firing from Fox News. The Washington, D.C.-based Axios on Tuesday ran a story comparing Newsmax's public offering plan to former president Donald Trump's successful public company Trump Media which operates the popular Truth Social app. Axios cited Trump's strong praise of Newsmax, mentioned in the company's promotional material. "You like Newsmax, I like it too," Trump said about the network. He added: "Newsmax has been really good … people are watching it … it's terrific." Axios highlighted Newsmax's genesis, starting as a digital property in 1998 founded by CEO Christopher Ruddy. "The public markets are brutal for media companies right now, but Newsmax is betting it can buck that trend by leaning into the retail investor interest surrounding Donald Trump's firm," Axios said in its story. Trump Media last year reported revenues of over $4 million, but holds a market valuation of over $7 billion today. Newsmax says it expects to make revenues of $180 million to $200 million in 2024 promising significant growth in years ahead. Financial news service MarketWatch, in a story headlined "Newsmax plans to go public in deal expected to raise $75 million," posted its coverage Monday afternoon. Yahoo Finance published a similar report. Launched in 2014, the Newsmax channel has become the nation's 4th highest-rated cable news network in the nation, according to Nielsen. The network places just behind CNN. Along with other Newsmax properties, the company reaches more than 40 million Americans monthly. Forbes has called Newsmax a "news powerhouse." Invest now and find more info at NewsmaxInvest.com Newsmax is currently undertaking a private placement offering pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"), and/or Rule 506(c) of Regulation D promulgated thereunder. Investors should consider the investment objectives, risks, and investment time horizon of the Company carefully before investing. The private placement memorandum relating to this offering of equity interests by the Company will contain this and other information concerning the Company and the securities referenced in this document, including risk factors, which should be read carefully before investing. You should be aware that (i) the securities may be sold only to "accredited investors," as defined in Rule 501 of Regulation D; (ii) the securities will only be offered in reliance on an exemption from the registration requirements of the Securities Act and will not be required to comply with specific disclosure requirements that apply to registration under the Securities Act; (iii) the United States Securities and Exchange Commission will not pass upon the merits of or give its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials; (iv) the securities will be subject to legal restrictions on transfer and resale and investors should not assume they will be able to resell their securities; investing in these securities involves a high degree of risk, and investors should be able to bear the loss of their entire investment. Furthermore, investors must understand that such investment could be illiquid for an indefinite period of time. The offering documents may include "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provisions for forward looking statements. This information is supplied from sources we believe to be reliable but we cannot guarantee accuracy. Although we believe our expectations expressed in such forward-looking statements are reasonable, we cannot assure you that they will be realized. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to the risks and uncertainties set forth in the attached materials, which could cause actual results to differ materially from the anticipated results set forth in such forward-looking statements. Any forward-looking statement made by us speaks only as of the date on which it is made, and we undertake no obligation to publicly update any forward-looking statement except as may be required by law. The Company is "Testing the Waters" under Regulation A under the Securities Act of 1933. The Company is not under any obligation to make an offering under Regulation A. No money or other consideration is being solicited in connection with the information provided, and if sent in response, will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until an offering statement on Form 1-A has been filed and until the offering statement is qualified pursuant to Regulation A of the Securities Act of 1933, as amended, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. Any person's indication of interest involves no obligation or commitment of any kind. The information in that offering statement will be more complete than the information the Company is providing now, and could differ materially. You must read the documents filed. No offer to sell the securities or solicitation of an offer to buy the securities is being made in any state where such offer or sale is not permitted under the "blue sky" or securities laws thereof. No offering is being made to individual investors in any state unless and until the offering has been registered in that state or an exemption from registration exists therein. The securities offered using Regulation A are highly speculative and involve significant risks. The investment is suitable only for persons who can afford to lose their entire investment. Furthermore, investors must understand that such investment could be illiquid for an indefinite period of time. No public market currently exists for the securities, and if a public market develops following the offering, it may not continue. The Company intends to list its securities on a national exchange and doing so entails significant ongoing corporate obligations including but not limited to disclosure, filing and notification requirements, as well compliance with applicable continued quantitative and qualitative listing standards. Invest now and find more info at NewsmaxInvest.com | 
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