NWAX 8-K
New America Acquisition I Corp. (NWAX)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
CFO Resignation
On August 26, 2026, George O’Leary resigned, effective as of August 26, 2026, from his position as the Chief Financial Officer of New America Acquisition I Corp. (the “Company”). Mr. O’Leary’s resignation was not because of any disagreement with management or the Board of Directors of the Company (the “Board”) on any matter relating to the Company’s operations, policies or practices.
Appointment of Chief Financial Officer and Chief Operating Officer
Effective as of August 26, 2026, the Board appointed Tim S. Ledwick as Chief Financial Officer of the Company and Christopher Devall as Chief Operating Officer of the Company.
Mr. Ledwick, aged 68, has served as Chief Financial Officer of Dominari Holdings Inc. (Nasdaq: DOMH) (“Dominari Holdings”) since October 2025, and previously served as a member of the board of directors of Dominari Holdings from July 2015 through September 2025, including as chair of its audit committee. Dominari Securities LLC, a subsidiary of Dominari Holdings, served as a co-book-running manager and a representative of the underwriters in the Company’s initial public offering. Prior to his appointment as Chief Financial Officer of Dominari Holdings, Mr. Ledwick provided chief financial officer consulting services to WRAP Technologies, Inc. (Nasdaq: WRAP), a public safety technology and services company. From 2011 until 2022, Mr. Ledwick served as the Chief Financial Officer of SYFT, a private equity-backed company that provided software solutions and services to hospitals focused on reducing costs through superior inventory management practices, which was successfully sold to GHX in 2022. Since 2012, Mr. Ledwick has served on the board of directors and as chair of the audit committee of Telkonet, Inc., a smart energy management technology company. From 2002 through 2006, Mr. Ledwick was a member of the board of directors and Executive Vice President and Chief Financial Officer of Dictaphone Corporation, from 2001-2002, Mr. Ledwick was brought on as CFO to lead the restructuring efforts of Lernout & Hauspie Speech Products (L&H), a Belgium-based NASDAQ listed speech technology company, and from 1999 through 2001, he served as Chief Financial Officer of Cross Media Marketing Corp., a public company headquartered in New York City. Mr. Ledwick is a member of the Connecticut Society of Certified Public Accountants and received his B.B.A. in Accounting from The George Washington University and his M.S. in Finance from Fairfield University.
Mr. Devall, aged 44, has served as Chief Operating Officer of Dominari Holdings since January 2023, and previously served as Dominari Holdings’ Vice President of Operations from July 2022 to January 2023 and as a member of its advisory board from April 2022 to June 2022. Mr. Devall has also served as Chief Executive Officer of SIM Acquisition Corp. I (Nasdaq: SIMAU, SIMA, SIMAW), a special purpose acquisition company, since January 2026. Prior to joining Dominari Holdings, Mr. Devall served as a senior operations department head in the U.S. Navy from February 2019 to June 2022 and as a senior operations department manager from April 2016 to January 2019. Mr. Devall is a retired military veteran and maintains active FINRA registration holding Series 7, 24 and 66 licenses. Mr. Devall received his Master of Business Administration from the University of Virginia Darden School of Business and holds a B.S. in Strategic Studies and Defense Analysis from Norwich University.
There is no family relationship between either of Mr. Ledwick or Mr. Devall and any director or executive officer of the Company, and there are no transactions involving Mr. Ledwick or Mr. Devall requiring disclosure under Item 404(a) of Regulation S-K. There are no arrangements or understandings between either of Mr. Ledwick or Mr. Devall and any other person pursuant to which he was appointed as an officer of the Company.
Item 7.01 Regulation FD Disclosure.
The Company issued a press release on August 26, 2026, regarding Mr. O’Leary’s resignation and the appointments of Mr. Ledwick and Mr. Devall. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein solely for purposes of this Item 7.01 disclosure.
Such press release shall not be deemed “filed” for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information in this Item 7.01, as well as Exhibit 99.1, shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press Release, dated August 26, 2026. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: August 26, 2026
| New America Acquisition I Corp. | ||
| By: | /s/ Kyle Wool | |
| Name: | Kyle Wool | |
| Title: | Chief Executive Officer | |
Exhibit 99.1
NEW AMERICA ACQUISITION I CORP. ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION;
APPOINTS TIM LEDWICK AS CHIEF FINANCIAL OFFICER AND CHRISTOPHER DEVALL AS CHIEF OPERATING OFFICER
NEW YORK, August 26, 2026 — New America Acquisition I Corp. (NYSE: NWAX) (the “Company”) today announced that George O’Leary has resigned as Chief Financial Officer of the Company, effective August 26, 2026, and that the Company’s Board of Directors has appointed Tim S. Ledwick as Chief Financial Officer and Christopher Devall as Chief Operating Officer, in each case effective as of the same date. Mr. O’Leary’s resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
“On behalf of the Board and the entire New America team, I want to thank George for his leadership through our formation and initial public offering and for the strong financial foundation he helped build. In Tim and Chris, we are adding two executives I have worked with closely and trust completely. Tim brings more than three decades of public-company financial leadership, together with deep audit, accounting and capital markets experience, and Chris brings proven operational discipline developed in both government and the private sector. Their appointments strengthen our team as we advance our search for a business combination that reflects our focus on American industrial strength and innovation,” said Kyle Wool, CEO of NWAX.
Mr. Ledwick brings more than three decades of senior financial leadership experience across public and private companies. He has served as Chief Financial Officer of Dominari Holdings Inc. (Nasdaq: DOMH) since October 2025, and previously served on its board of directors and as chair of its audit committee from 2015 to 2025. He previously served as Chief Financial Officer of SYFT, which was sold to GHX in 2022, and held senior financial leadership roles at Dictaphone Corporation, Lernout & Hauspie Speech Products, and Cross Media Marketing Corp. Mr. Ledwick is a member of the Connecticut Society of Certified Public Accountants and holds a B.B.A. in Accounting from The George Washington University and an M.S. in Finance from Fairfield University.
Mr. Devall has served as Chief Operating Officer of Dominari Holdings Inc. since January 2023 and as Chief Executive Officer of SIM Acquisition Corp. I (Nasdaq: SIMAU, SIMA, SIMAW), since January 2026. A retired military veteran, Mr. Devall previously served in senior operations leadership roles in the U.S. Department of Defense from 2016 to 2022. He holds Series 7, 24 and 66 licenses, an M.B.A. from the University of Virginia Darden School of Business and a B.S. in Strategic Studies and Defense Analysis from Norwich University.
About New America Acquisition I Corp
New America Acquisition I Corp is a blank-check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The Company intends to target established U.S.-based companies that contribute to industrial capacity, technological innovation, and economic resilience, with a focus on automation, advanced manufacturing, infrastructure and energy systems.
Learn more at https://newamericaacquisition.com/
Cautionary Note Regarding Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s leadership transition, the Company’s search for and ability to consummate an initial business combination and the anticipated benefits of the management changes described herein. No assurance can be given that the Company will ultimately complete a business combination transaction in the sectors it is targeting or at all. Management has based these forward-looking statements on its current expectations, assumptions, estimates, and projections. While they believe these expectations, assumptions, estimates, and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management’s control. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s Annual Report on Form 10-K and other filings with the U.S. Securities and Exchange Commission (the “SEC”). Copies of these documents are available on the SEC’s website, at www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact
Brian
S. Siegel, IRC®, M.B.A.
Senior Managing Director
Hayden IR - Chicago
(346) 396-8696 (o)
[email protected]
SOURCE: New America Acquisition I Corp.