Wool Kyle Michael 4
Research Summary
AI-generated summary
New America Acquisition (NWAX) Director Kyle Wool Buys 200,000 Shares
What Happened
- Kyle Michael Wool, a director of New America Acquisition I Corp. (NWAX), is reported as acquiring 200,000 shares of the issuer’s Class A common stock on April 7, 2026. The shares were purchased at $0.01 per share for a total of $2,000. The purchase was made in a private transaction and the shares are held by American Ventures LLC, Series XLIV DBC.
Key Details
- Transaction date: April 7, 2026; Filing date: April 9, 2026 (Form 4) — filed within the normal reporting window.
- Price and value: 200,000 shares @ $0.01 / share = $2,000 total.
- Shares after transaction: 200,000 Class A shares are held of record by Series XLIV DBC. Mr. Wool may be deemed to beneficially own 50% of Series XLIV DBC’s holdings per the filing; he disclaims beneficial ownership except to the extent of any pecuniary interest.
- Notable footnotes:
- F1: Dominari Securities LLC (of which Mr. Wool is CEO) received 1,100,000 Class A shares per the issuer’s S-1; Mr. Wool disclaims beneficial ownership of those shares except as to any pecuniary interest.
- F2: New America Sponsor I LLC holds founder Class B shares (12,500,000) and 600,000 private shares that convert to Class A; Mr. Wool is co-manager with voting/investment discretion but reports no direct economic interest.
- F3: The 200,000 shares reported were purchased by Series XLIV DBC on April 7, 2026; Mr. Wool disclaims beneficial ownership except to the extent of any pecuniary interest.
- Transaction code: P = Purchase (private transaction).
Context
- This is a direct purchase (a bullish signal is often inferred from purchases, but filings are factual and do not state motivation).
- The shares are held by an entity (Series XLIV DBC) in which Mr. Wool may be deemed to have limited beneficial interest; other holdings mentioned in the filing are held by related entities where he has managerial or voting roles but disclaims direct economic ownership.