STOCK TITAN

New America (NASDAQ: NWAX) sponsor and manager report 26.31% stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

New America Acquisition I Corp. reporting persons New America Sponsor I LLC and Kevin McGurn disclose beneficial ownership of 13,100,000 shares of common stock, representing 26.31% based on a denominator of 49,800,000 shares as described in the filing. The holdings consist of 12,500,000 Founder Shares convertible into Class A common stock and 600,000 Class A shares underlying private placement units; private placement warrants held by the Sponsor are not exercisable within 60 days.

Positive

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Insights

Disclosure shows concentrated founder and sponsor ownership at ~26%.

The filing attributes 13,100,000 shares to the Sponsor and Mr. McGurn, comprised of 12,500,000 Founder Shares and 600,000 Class A shares underlying Private Placement Units. The 26.31% figure is calculated from a stated denominator of 49,800,000 shares.

Board and shareholder dynamics will reflect this sizable stake; subsequent filings may disclose any changes to voting arrangements or conversions that affect control.

Concentrated pre-deal ownership is typical for SPAC sponsors; warrants are currently out of 60-day exercisability window.

The Sponsor holds Founder Shares convertible into Class A common stock and Private Placement Units; the filing notes that private placement warrants held by the Sponsor "are not exercisable within 60 days hereof." This qualifier is preserved verbatim.

Cash‑flow treatment and immediate dilution from warrants are not disclosed in this excerpt; any near-term dilution depends on future exercises or conversions documented in later filings.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G




Comment for Type of Reporting Person: (Rows 5, 6, 7, 8 and 9) See Item 4 below. The Reporting Person is referred to herein as the "Sponsor". Consists of (i) 12,500,000 shares of Class B common stock of New America Acquisition I Corp. (the "Issuer") (the "Founder Shares"), which are convertible into shares of Class A common stock of the Issuer (the "Class A Common Stock" and together with the Founder Shares, the "Common Stock"), as more fully described under the heading "Description of Securities - Founder Shares" in the Issuer's Registration Statement on Form S-1 (File No. 333-289204) (the "Registration Statement") and (ii) 600,000 shares of Class A Common Stock underlying the private placement units of the Issuer (the "Private Placement Units") held by the Sponsor. Does not include shares of Class A Common Stock that may be issued upon the exercise of the private placement warrants underlying the Private Placement Units held by the Sponsor, which are not exercisable within 60 days hereof. (Row 11) Percentage calculated using a denominator of 49,800,000 shares of Common Stock, reflecting (i) 34,500,000 shares of Class A Common Stock issued in the Issuer's initial public offering, (ii) 12,500,000 Founder Shares issued to the Sponsor, (iii) 600,000 shares of Class A Common Stock underlying the Private Placement Units held by the Sponsor, and (iv) 2,200,000 representative shares as described in the Registration Statement.


SCHEDULE 13G




Comment for Type of Reporting Person: (Rows 5, 6, 7, 8 and 9) See Item 4 below. Consists of (i) 12,500,000 Founder Shares, which are convertible into shares of Class A Common Stock as more fully described under the heading "Description of Securities - Founder Shares" in the Registration Statement and (ii) 600,000 shares of Class A Common Stock underlying the Private Placement Units held by the Sponsor. Does not include shares of Class A Common Stock that may be issued upon the exercise of the private placement warrants underlying the Private Placement Units held by the Sponsor, which are not exercisable within 60 days hereof. (Row 11) Percentage calculated using a denominator of 49,800,000 shares of Common Stock, reflecting (i) 34,500,000 shares of Class A Common Stock issued in the Issuer's initial public offering, (ii) 12,500,000 Founder Shares issued to the Sponsor, (iii) 600,000 shares of Class A Common Stock underlying the Private Placement Units beneficially owned by the Reporting Person as set forth in Row 9, and (iv) 2,200,000 representative shares as described in the Registration Statement.


SCHEDULE 13G



New America Sponsor I LLC
Signature:/s/ Kevin McGurn
Name/Title:Kevin McGurn, Authorized Signatory of New America Sponsor I LLC
Date:02/17/2026
Kevin McGurn
Signature:/s/ Kevin McGurn
Name/Title:Kevin McGurn
Date:02/17/2026
Exhibit Information

Exhibit 99.1 - Joint Filing Agreement

FAQ

What stake does New America Sponsor I LLC report in NWAX?

The Sponsor reports beneficial ownership of 13,100,000 shares, equal to 26.31% based on a denominator of 49,800,000 shares. This includes 12,500,000 Founder Shares and 600,000 Class A shares underlying private placement units.

Who is listed as a reporting person on the Schedule 13G for NWAX?

The Schedule 13G is jointly filed by New America Sponsor I LLC and Kevin McGurn. Mr. McGurn is identified as the manager of the Sponsor with voting and investment discretion over the shares held by the Sponsor.

Do the reported holdings include private placement warrants exercisable soon?

The filing states the private placement warrants held by the Sponsor "are not exercisable within 60 days hereof." Therefore, warrants are not included in the 13,100,000 share count for immediate exercisability purposes.

How is the 26.31% ownership percentage calculated for NWAX?

The percentage uses a denominator of 49,800,000 shares, reflecting 34,500,000 Class A shares from the IPO, 12,500,000 Founder Shares, 600,000 Class A shares underlying Private Placement Units, and 2,200,000 representative shares per the Registration Statement.

Does Kevin McGurn personally own the shares reported on the NWAX filing?

Mr. McGurn is the manager of the Sponsor and holds voting and investment discretion; the filing states he "may be deemed to have or share beneficial ownership" of the shares held of record by the Sponsor.
New America Acquisition I Corp

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