After Newsmax’s common stock begins trading, you will need to wait until a registration statement on Form S-1, which registers your shares for resale, is declared effective by the Securities and Exchange Commission (the “SEC”).

Please use the email address you originally used for your investment and use it to log into my.equitystock.com.

Steps to Generate a DRS Statement

1. Generate DRS Transaction Statement

• On the Positions screen, click the blue "Generate DRS Transaction Statements" button.

• After selecting the date range, click "Download DRS Statement" to save a copy to your device

2. Email or upload to your broker

• Now please attach the DRS statement to your email and send to your broker. Some brokers also allow you to securely upload the DRS statement to their website.  Please check with them for instructions.

A login email is sent from noreply@equitystock.com and will come under the subject “Login to Equity Stock Transfer”.  This is a secure email coming from us. In the instructions below, the code K0 is simply used as an example. 

Please click on the Log In button and a secure 6-digit code will be sent to your mobile phone.  Please enter that code into the website with the 6 boxes to enter.

Your broker must initiate the process of moving your shares from your account at Equity Stock Transfer to your brokerage account. You can ask them to DRS or TOA (Transfer of Assets) shares from the transfer agent to your brokerage account. Each broker has different procedures and forms, but they will all require the following information, which can be found right on your DRS account statement you can obtain by logging into your Equity Stock Transfer account at my.equitystock.com:

1. Registered Name
   • This is your name as it appears on your DRS account statement with us. Please ensure it matches exactly with the way your name appears at your brokerage.
2. SSN or EIN Number
   • Your Social Security Number, if you invested as an individual or joint investor, or your EIN if you invested as a Corp, LLC, IRA, etc. should match between your brokerage account and our system.  Please log in to my.equitystock.com to make sure that it does.
3. DRS Account Number
   • This is a unique 12-digit number we generate on your DRS statement which helps brokerage firms identify your account in our system. Please make sure you accurately provide this information when completing their forms.
4. Number of Shares to Transfer
   • You will need to indicate to your broker exactly how many shares you want transferred. This must either exactly match or be less than the amount on your DRS statement. If you tell your broker you want to transfer 1,100 shares but you only have 1,000 shares, your transfer request will be rejected.
5. CUSIP Number
   • Your free and clear shares have a CUSIP number. Your broker’s DRS form may ask for this number. You can find this number on your DRS statement. We will also post this number on this FAQ page when it becomes available at the time of the IPO.

Please note that if any of the above information is not indicated to your broker accurately, it will result in a rejection by your broker, and you may incur retransmission fees. So kindly review the information on your DRS statement for accuracy before you submit to your broker.

Yes, there is a DRS fee of $100 to move your shares to your brokerage account.  This fee covers the following processes and transactions:

• Application of the 7% dividend and 25% discount to IPO price
• Conversion of your Preferred Series B shares to restricted Common shares
• Review of the legal opinion
• Removal of restriction from restricted Common shares to make them free and clear Common shares

You can pay securely from our platform if you have not already. Please log in with your email address at my.equitystock.com and you’ll see the prompts to pay.

No, even though you might see in your account that multiple payments need to be made, one payment should remove all the DRS Payment Requirements from your shares and your broker will then be able to pull them from our system. Remember, your shares must be unrestricted in order for you to move them to your broker. Also, remember that your broker must initiate the share movement. Equity Stock Transfer does not begin the share movement.

No.  Equity Stock Transfer is the recordkeeper of your shares and has no ability to trade your shares.

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To get more information what a DRS payment is and why it’s required to move your shares to your brokerage account, please see the question "How do I move my shares to my brokerage firm?" below.  If you do not wish to move your shares after the company goes public, then you do not need to pay this fee.

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Yes.  You can maintain your shares on our books and records, and you can log in at any time to see your statement.  As long as your DRS fee is paid, you can move your shares whenever you like.  There is no cost to keeping your shares with us.

Yes, you will need to move them to a brokerage account which accepts DRS (Direct Registration System) transfers.

DRS is an electronic book-entry system which allows for seamless transfer of your shares to your brokerage via The Depository Trust Company (DTC). You can find more information on DRS and how it works directly on DTCC’s website.

Nearly all major brokerage firms participate in the Direct Registration System.  However, discount brokers such as Robinhood do not participate in the DRS system, and they cannot move your shares.  If you have Robinhood, you must use a different brokerage firm.

You may contact ir@newsmax.com to inquire about how this calculation is performed and its impact on how many shares you receive.

You may contact ir@newsmax.com to inquire about how this calculation is performed and its impact on how many shares you receive.

As you are already a holder of free trading common stock you can contact your broker the day Newsmax begins trading to move your shares via DRS to your brokerage account. Please note that you will need to pay a $30 DRS transaction fee to move these shares. Please continue to read the FAQ to understand what you need to do to move them.

Equity Stock Transfer cannot trade your shares, you must move them to a broker to do so. 

Steps to Generate a DRS Statement

1. Generate DRS Transaction Statement

• On the Positions screen, click the blue "Generate DRS Transaction Statements" button.

• After selecting the date range, click "Download DRS Statement" to save a copy to your device

2. Email or upload to your broker

• Now please attach the DRS statement to your email and send to your broker. Some brokers also allow you to securely upload the DRS statement to their website.  Please check with them for instructions.

Your broker must initiate the process of moving your shares from your account at Equity Stock Transfer to your brokerage account. You can ask them to DRS or TOA (Transfer of Assets) shares from the transfer agent to your brokerage account. Each broker has different procedures and forms, but they will all require the following information, which can be found right on your DRS account statement you can obtain by logging into your Equity Stock Transfer account at my.equitystock.com:

1. Registered Name
   • This is your name as it appears on your DRS account statement with us. Please ensure it matches exactly with the way your name appears at your brokerage.
2. SSN or EIN Number
   • Your Social Security Number, if you invested as an individual or joint investor, or your EIN if you invested as a Corp, LLC, IRA, etc. should match between your brokerage account and our system.  Please log in to my.equitystock.com to make sure that it does.
3. DRS Account Number
   • This is a unique 12-digit number we generate on your DRS statement which helps brokerage firms identify your account in our system. Please make sure you accurately provide this information when completing their forms.
4. Number of Shares to Transfer
   • You will need to indicate to your broker exactly how many shares you want transferred. This must either exactly match or be less than the amount on your DRS statement. If you tell your broker you want to transfer 1,100 shares but you only have 1,000 shares, your transfer request will be rejected.
5. CUSIP Number
   • Your free and clear shares have a CUSIP number. Your broker’s DRS form may ask for this number. You can find this number on your DRS statement. We will also post this number on this FAQ page when it becomes available at the time of the IPO.

Please note that if any of the above information is not indicated to your broker accurately, it will result in a rejection by your broker, and you may incur retransmission fees. So kindly review the information on your DRS statement for accuracy before you submit to your broker.

This is an issue with Etrade.  You will need to call your broker at E*TRADE and escalate the question about the length of the account to the broker's managers. The account for most transfer agents is between 4 to 16 digits long - and the DRS number in your statement is the correct account number with 12 digits. Please do not hang up with your broker's customer services line until they confirm that they will put your request through using the DRS account number assigned to you.

No.  Robinhood does not participate in the DRS system.  You will need to find another broker.

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Yes, there is a DRS fee of $30 move your shares to your brokerage account.

You can pay securely from our platform if you have not already. Please log in with your email address at my.equitystock.com and you’ll see the prompts to pay.

No, even though you might see in your account that multiple payments need to be made, one payment should remove all the DRS Payment Requirements from your shares and your broker will then be able to pull them from our system. Remember, your shares must be unrestricted in order for you to move them to your broker. Also, remember that your broker must initiate the share movement. Equity Stock Transfer does not begin the share movement.

It is anticipated the Newsmax will begin trading on the New York Stock Exchange on or about March 31. Newsmax will inform you via email. The stock ticker is anticipated to be NMAX.

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Please use the email address you originally used for your investment and use it to log into my.equitystock.com.

A login email is sent from noreply@equitystock.com and will come under the subject “Login to Equity Stock Transfer”.  This is a secure email coming from us.

Please click on the Log In button and a secure 6-digit code will be sent to your mobile phone.  Please enter that code into the website with the 6 boxes to enter.

If you want to move your shares to a broker, you must pay a DRS fee. 

To get more information what a DRS payment is and why it’s required to move your shares to your brokerage account, please see the question "Is there a fee to move my shares to my brokerage account (e.g., Schwab, Fidelity, Interactive Brokers, etc.)" below.  If you do not wish to move your shares after the company goes public, then you do not need to pay this fee.

Yes.  You can maintain your shares on our books and records, and you can log in at any time to see your statement.  As long as your DRS fee is paid, you can move your shares whenever you like.  There is no cost to keeping your shares with us.

DRS is an electronic book-entry system which allows for seamless transfer of your shares to your brokerage via The Depository Trust Company (DTC). You can find more information on DRS and how it works directly on DTCC’s website.

As all legacy shareholders received their shares at different periods, the restrictive legend removal process may be different for each case. Please email us at newsmax@equitystock.com with your specific request.