NEWSMAX INC

Ticker: NMAX CUSIP: 65250K105 Class: Common Stock

Aristides Capital LLC's Holding History (CIK: 0001595521)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 20,900 Value ($000) $162 Avg Close $9.61 Range $7.31 - $13.18

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	20,900	$162	$9.61	$7.31 - $13.18