New America Acquisition I Corp. is set to launch an initial public offering (IPO) aiming to raise $300 million on December 4, 2025. The company will issue 30 million shares at a price of $10.00 per share, according to IPO Scoop. This IPO comes as part of the firm’s strategy to enter public markets with a focus on sectors where they believe their expertise can create a competitive edge.
The company has a current market capitalization of approximately $453 million. The IPO will be underwritten by Dominari Securities and D. Boral Capital, which has previously operated under the name EF Hutton.
Company Overview and Leadership
Founded in 2025 and headquartered at 590 Madison Avenue, 39th Floor, New York, NY 10022, New America Acquisition I Corp. describes itself as a newly organized blank check company. Its business model focuses on identifying and acquiring a business where the management team’s knowledge and industry relationships can yield significant advantages. The company is particularly interested in sectors such as technology, healthcare, and logistics.
Kevin McGurn serves as the chairman, CEO, and CFO of New America Acquisition I Corp. since July 2025. He has a wealth of experience, having acted as the chief executive officer of Yorkville Acquisition Corp. since March 31, 2025. McGurn’s previous roles include vice president of advertising solutions at T-Mobile, where he led initiatives in digital and programmatic advertising, and president of Vevo LLC, a global music video platform.
In addition to his leadership roles, McGurn has held significant positions in various organizations. He was the senior vice president of advertising sales at Hulu from 2007 to 2013, contributing to the launch of the company’s ad-supported streaming service. He has also served in advisory roles for companies like TMTG, assisting with mergers and acquisitions, and the venture capital firms Revel Partners and Alpine Meridian.
Investment Focus and Strategy
New America Acquisition I Corp. aims to target businesses with an aggregate enterprise value of $700 million or greater. Nonetheless, the company is open to pursuing smaller acquisitions if deemed beneficial for shareholders. This flexibility indicates a strategic approach to investment, allowing the firm to adapt to market opportunities as they arise.
With the backing of its experienced leadership and a clear focus on key industries, New America Acquisition I Corp. positions itself to leverage its network and expertise in pursuit of promising business ventures.
The company currently has no employees, which is typical for special purpose acquisition companies (SPACs) during their initial stages. Investors and stakeholders are keen to see how this IPO unfolds, particularly in light of the leadership under McGurn, who has established connections across various sectors.
For those interested in receiving updates, New America Acquisition I Corp. offers a daily newsletter through MarketBeat.com to keep stakeholders informed of the latest news and analysts’ ratings.
As the IPO date approaches, market observers will be watching closely to see how New America Acquisition I Corp. navigates this crucial phase in its growth trajectory.
