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David Evans joins Newsmax (NMAX) board and audit committee as independent director

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Newsmax Inc. reported that its Board of Directors appointed David Evans as a director, effective March 19, 2026, filling an existing vacancy. He was also appointed to the Audit Committee, joining members Rene Alexander Acosta and Paula J. Dobriansky.

The Board determined that Evans is independent under New York Stock Exchange rules and applicable regulations. He will receive standard non-employee director compensation under the company’s Director Compensation Policy and has signed the company’s standard director indemnification agreement. A press release dated March 23, 2026, announcing his appointment is included as an exhibit.

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 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
 
FORM 8-K
 
 
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
March 19, 2026
Date of Report (Date of earliest event reported)
 
 
 
NEWSMAX INC.
(Exact name of registrant as specified in its charter)
 
 
Florida 024-12567 99-2600308
(State or other jurisdiction
of incorporation or organization)
 (Commission File Number) (I.R.S. Employer
Identification Number)
 
750 Park of Commerce Drive, Suite 100
Boca Raton, Florida 33487
(Address of principal executive offices and zip code)
 
(561) 686-1165
(Registrant’s telephone number, including area code)
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading
Symbol(s)
 Name of each exchange on which registered
Class B Common Stock, $0.001 par value per share NMAX New York Stock Exchange, LLC
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
 



Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On March 19, 2026, the Board of Directors (the “Board”) of Newsmax Inc. (the “Company”) appointed David Evans as a member of the Board to fill an existing vacancy, effective immediately. The Board also appointed Mr. Evans to the Audit Committee of the Board, effective immediately, to serve alongside the other members of the Audit Committee, Rene Alexander Acosta and Paula J. Dobriansky.

The Board has determined that Mr. Evans is “independent” pursuant to the rules of The New York Stock Exchange and other governing laws and applicable regulations. Mr. Evans will receive compensation for his service as a non-employee member of the Board as set forth in the Company’s Director Compensation Policy.

There are no arrangements or understandings between Mr. Evans and any other person pursuant to which he was selected as a director, and there are no transactions in which the Company is a party and in which Mr. Evans has a material interest subject to disclosure under Item 404(a) of Regulation S-K. In connection with his appointment, Mr. Evans executed the Company’s standard form of indemnification agreement for directors a copy of which was filed as Exhibit 6.7 to the Company’s Offering Statement on Form 1-A filed with the SEC on February 7, 2025.

Item 7.01 - Regulation FD Disclosure

On March 23, 2026, the Company issued a press release announcing the appointment of Mr. Evans as a member of the Board, as described in Item 5.02 above. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information contained in this Item 7.01 disclosure, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

 
Item 9.01 - Financial Statements and Exhibits
 
(d) The following exhibits are being filed herewith:
 
Exhibit No. Description
99.1 Press Release dated March 23, 2026
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
 

 




SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Dated: March 19, 2025
 
Newsmax Inc. 
   
By:/s/ Darryle Burnham 
Name: Darryle Burnham 
Title:Chief Financial Officer 
 

FAQ

What board change did Newsmax Inc. (NMAX) disclose in this 8-K?

Newsmax Inc. disclosed that David Evans was appointed to its Board of Directors, effective March 19, 2026, filling an existing vacancy. He will also serve on the Audit Committee alongside Rene Alexander Acosta and Paula J. Dobriansky, strengthening the company’s board-level financial oversight.

Is David Evans considered an independent director at Newsmax Inc. (NMAX)?

Yes, the Board determined that David Evans is independent under New York Stock Exchange rules and other applicable laws and regulations. This means he meets specific criteria limiting material relationships with the company, which supports stronger governance and objective oversight on the Board and its Audit Committee.

What committee role will David Evans hold at Newsmax Inc. (NMAX)?

David Evans has been appointed to the Audit Committee of the Board, effective immediately with his board appointment. He will serve with existing committee members Rene Alexander Acosta and Paula J. Dobriansky, participating in oversight of financial reporting and related governance responsibilities for the company.

How will David Evans be compensated as a Newsmax Inc. (NMAX) director?

David Evans will receive compensation as a non-employee board member under Newsmax Inc.’s Director Compensation Policy. The filing notes that his pay will follow the company’s standard structure for outside directors rather than a special or customized arrangement, indicating a routine governance appointment.

Did Newsmax Inc. (NMAX) disclose any related-party transactions with David Evans?

No related-party transactions were disclosed. The company stated there are no arrangements or understandings with other persons regarding his selection and no transactions involving Newsmax Inc. in which David Evans has a material interest requiring disclosure under Item 404(a) of Regulation S-K, signaling a clean independence profile.

Did Newsmax Inc. (NMAX) issue a press release about David Evans’s appointment?

Yes, Newsmax Inc. issued a press release on March 23, 2026, announcing David Evans’s appointment to the Board. The press release is included as Exhibit 99.1 and is furnished under a Regulation FD disclosure, meaning it is not treated as filed for certain Exchange Act liability purposes.

Filing Exhibits & Attachments

3 documents
NEWSMAX INC

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