New America Acquisition I Corp.
NWAX-UN
New York Stock Exchange10.36
USD
+0.01
- -
New America Acquisition I Corp.
NWAX-UN
(New York Stock Exchange)
Recent
price
10.36
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- New America Acquisition I Corp. (NWAX-UN) is a blank check company, or special purpose acquisition company (SPAC), formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Incorporated in Florida on May 28, 2025, the company is headquartered at 590 Madison Avenue, 39th Floor, New York, New York 10022, United States, and operates in the diversified financials sector, specifically within asset management and custody banks. It targets U.S.-headquartered or primarily U.S.-operating companies with enterprise values of $700 million or greater, focusing on sectors such as manufacturing, logistics, healthcare, technology, industrial automation, data and AI infrastructure, and the modernization of U.S. energy and power systems to support reshoring, supply chain resilience, and national economic priorities. The company offers no current products or services beyond its core SPAC structure, which includes publicly traded units comprising one share of Class A common stock and one-half of one redeemable warrant (exercisable at $11.50); post-combination, it intends to provide operational support, governance, and capital markets access to the target business through its experienced management team, board, and advisors. In a major recent development, New America Acquisition I Corp. closed its oversubscribed initial public offering on December 4, 2025, raising $345 million through the sale of 34.5 million units at $10.00 each on the New York Stock Exchange, including an over-allotment option and a concurrent private placement of 600,000 units for $6 million; all proceeds were placed in a U.S.-based trust account pending a business combination. The SPAC features strategic advisory involvement from Donald Trump Jr. and Eric Trump, alongside Kyle Wool of Dominari Holdings and Kevin McGurn of Trump Media and Technology Group, with Dominari Securities LLC and D. Boral Capital LLC serving as co-book-running managers. As of December 2025, no business combination, acquisitions, or further strategic shifts have been announced, positioning the company to pursue targets aligned with U.S. industrial and technological advancement.