Brio Financial Group is pleased to announce the successful $300 million initial public offering of our client, New America Acquisition I Corp.
The company priced 30,000,000 units at $10.00 per unit, with each unit consisting of one share of Class A common stock and one-half of one redeemable public warrant. Once the securities begin separate trading, the Class A common stock and warrants are expected to list on the New York Stock Exchange under the symbols NWAX and NWAXW, respectively.
Congratulations to CEO and Chairman Kevin McGurn and the entire management team.
We were fortunate to collaborate with an outstanding group of partners on this transaction, including Paul Hastings LLP and Ellenoff Grossman & Schole LLP on the legal side, along with Dominari Securities LLC and D. Boral Capital LLC serving as co–book-running managers.
Congratulations to all parties involved on this milestone.