Strong Sell NMAX by May 16, 2025.

**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. [SEC Filing dated 16 April 2025](https://www.sec.gov/Archives/edgar/data/2026478/000121390025032602/ea0237903-s1_newsmax.htm) [SEC Filing dated 16 April of $NMAX tapping into SEPA](https://preview.redd.it/lkn949kfocve1.png?width=2992&format=png&auto=webp&s=d2fa87fc003586a0fdca00ccaf91f6615660ec1a) *Reposting as previous post was deleted for not containing receipts & positions.* **What’s a SEPA?** Think of it like a credit line, but instead of borrowing …