# New America Acquisition I Corp. (NWAX)

**Exchange:** NYSE  
**Sector:** Financial Services  
**Price:** $10.11 (-0.12%)

> New America Acquisition I Corp. is a blank check company, commonly known as a special purpose acquisition company (SPAC). It was formed specifically to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, referred to as its initial business combination. Headquartered in New York, New York, and led by CEO Kevin McGurn, the company recently completed its initial public offering at $10.00 per share, raising $300 million through 30 million shares. With a lean structure of just one employee as of late 2025, it operates without current revenue, net income, or operational history, focusing instead on identifying and pursuing a suitable target for its debut transaction. Trading under its Class A shares, New America Acquisition I Corp. holds a market capitalization around $450-488 million, reflecting its post-IPO status on the NYSE. As a SPAC, it plays a key role in the financial markets by providing an alternative pathway for private companies to access public capital markets through a streamlined merger process rather than a traditional IPO.

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $347M | $885,155 | $347M | $944,106 | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/NWAX)