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SELL · NEWS

Sell NEWS by Jul 16, 2025.

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amarossreddit
via r/wallstreetbets
· Published Apr 17, 2025 06:24 · Valid until Jul 16, 2025 · ERROR
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**Just in:** Newsmax has registered to sell up to **25,633,636 shares** (worth \~$668 million at current prices) to Yorkville Advisors at around **$26 per share**. This is part of what’s called a **Standby Equity Purchase Agreement**, or SEPA. **What’s a SEPA?** Think of it like a credit line, but instead of borrowing money and paying it back, the company prints new shares and sells them for cash. Yorkville agrees to buy those shares, usually at a discount, in this case, …