New America Acquisition I Corp. 8-K

What Happened New America Acquisition I Corp. announced on January 26, 2026 that holders of the Units sold in its IPO may elect to separately trade the underlying Class A common stock and redeemable warrants beginning that day. Each Unit consists of one share of Class A common stock and one half of one redeemable warrant; whole warrants, if separated, will trade independently.

Key Details

• Effective date: January 26, 2026 (separate trading may commence that day).
• Unit composition: 1 share of Class A common stock + 1/2 redeemable warrant (each whole warrant exercisable for one share).
• Trading symbols: Units will remain as "NWAXU" if not separated; separated Class A shares will trade as "NWAX" and separated warrants as "NWAXW" on the NYSE.
• Process: Holders must have their brokers contact Odyssey Transfer and Trust Company (the transfer agent) to separate Units; no fractional warrants will be issued—only whole warrants will trade.

Why It Matters Allowing Units to be separated gives investors the choice to trade the common shares and warrants independently, which can improve liquidity and price discovery for each instrument. Investors who want only stock exposure or only warrant exposure can convert their Units through their broker; those who do not separate will continue to hold tradable Units (NWAXU). This is an operational update rather than a change to the company’s capital structure or financial results.