Newsmax Inc. targets $75M IPO amid heavy losses, legal risks & tough competition. Click here for my look into the upcoming ...
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Newsmax agreed to pay $40 million to settle Smartmatic’s 2020 election defamation lawsuitThe pro-Trump cable channel Newsmax agreed to pay $40 million in a confidential settlement last year to end a 2020 ...
Exclusive: The hefty settlement, which was initially left secret, was disclosed in an investment prospectus this week as the ...
and said it has raised about $225 million as part of its pre-IPO preferred offering to investors. As part of the settlement, Smartmatic will get some Newsmax equity shares, according to the SEC ...
Newsmax disclosed that it agreed to pay Smartmatic $40 million in cash — along with a five-year warrant allowing the tech firm to purchase 2,000 shares.
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