NWAX New America Acquisition I Corp. Insider Trading

Director Kyle Michael Wool bought 200,000 shares of NWAX at $0.01; stock now at $10.00

Director Kyle Michael Wool purchased 200,000 shares (200.0K shares) at $0.01 on 2026-04-07, adding 11.8% to his pre-transaction holdings of 1,700,000 shares (1.70M shares). The purchase price of $0.01 represents a marked discount to the current price of $10.00, suggesting either a capital raise, restructuring event, or warrant/option exercise recovery at a nominal price tier. This is not a conventional open-market discretionary buy but rather a transaction at a deeply depressed execution price relative to current valuation. Against this context, Wool's cross-ticker track record warrants attention: 20 prior buys averaged -13.0% return over 30 days and -20.4% over 90 days, with only a 15.00% win rate across all prior transactions. The extreme discount at purchase does not override the pattern of negative post-buy performance historically.

New America Sponsor I LLC (10% owner) purchased 600,000 shares of NWAX at $10.00 for $6.0M on 2025-12-05.

New America Sponsor I LLC, holding a 10% ownership stake, acquired 600,000 shares at $10.00 on 2025-12-05 for a total value of $6,000,000.00. This represents a new position entry for the sponsor, moving from zero to 600,000 shares post-transaction. As a substantial stakeholder making a material $6.0M equity commitment, this acquisition warrants investor attention as a signal of direct founder/sponsor confidence, though the transaction occurred at the SPAC's typical issuance price, which is a routine feature of sponsor equity transactions rather than an open-market decision.