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. |
CEO/Director Resignation
On August 5, 2026, Kevin McGurn resigned, effective as of August 5, 2026, from his positions as the Chief Executive Officer and a director of New America Acquisition I Corp. (the “Company”). Mr. McGurn’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. As a result of the resignation, the size of the Board has been decreased from six directors to five directors.
CEO Appointment
Effective as of August 5, 2026, Kyle Wool, Chairman of the Board, was appointed by the Board as Chief Executive Officer of the Company. Mr. Wool will continue to serve on the Board as Chairman.
Mr. Wool, aged 49, has served as a member of the Board since February 2026. Mr. Wool has served as President of Dominari Holdings Inc. (Nasdaq: DOMH) since December 2023, chief executive officer of Dominari Securities, a co-book-running manager and a representative of the underwriters in the Company’s initial public offering, since May 2023, and director of Dominari Holdings Inc. since 2021. Prior to that, Mr. Wool was the non-executive Chairman of Revere Wealth Management, where he provided integrated strategies designed to help build, manage and preserve wealth for wealthy families, endowments and foundations. Prior to his employment at Revere Wealth Management, Mr. Wool was an Executive Director at Morgan Stanley (NYSE: MS) from May 2013 to January 2021, where he provided strategic wealth management and investing guidance to his clients. Mr. Wool was employed at Oppenheimer and Co., Inc. in a number of roles, where he provided strategic wealth management and investing guidance to his clients, from 2005 to 2013. Specifically, from 2010 until 2013, Mr. Wool served as a Managing Director of the Professional Investors Group for Oppenheimer Asia Ltd. Mr. Wool currently serves as a board member of LifeLine NY, a charity foundation focused on attaining medical equipment for the underprivileged children of Serbia and a board member of CIRSD (Center for International Relations and Sustainable Development), whose mission is to empower youth in communities with the greatest need to reach their full potential and pursue higher education. Mr. Wool is also a board member of the LangLang International Music Foundation. Mr. Wool holds a degree from State University of New York at Binghamton.
There is no family relationship between Mr. Wool and any director or executive officer of the Company, and there are no transactions involving Mr. Wool requiring disclosure under Item 404(a) of Regulation S-K.
Item 7.01 Regulation FD Disclosure.
The Company issued a press release on August 5, 2026, regarding Mr. Wool’s appointment as the Chief Executive Officer of the Company and Mr. McGurn’s resignation. 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 5, 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 5, 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 Leadership Transition;
Kyle Wool Appointed Chief Executive Officer
Chairman Kyle Wool, a veteran Wall Street executive, to lead the Company’s pursuit of its anticipated initial business combination phase
New York, New York, August 5, 2026 – New America Acquisition I Corp. (NYSE: NWAX) (the “Company”) today announced that Kevin McGurn has resigned as Chief Executive Officer and as a member of the Board of Directors of the Company, effective August 5, 2026, and that the Board of Directors has appointed Kyle Wool, the Company’s Chairman of the Board, as Chief Executive Officer, effective as of the same date. Mr. Wool will continue to serve as Chairman of the Board. Mr. McGurn’s resignation was voluntary and was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
The Company completed its initial public offering of 34,500,000 units at $10.00 per unit in December 2025, including the full exercise of the underwriters’ over-allotment option, and continues to pursue its initial business combination targeting established U.S.-based companies across industrial automation, data and AI infrastructure, advanced manufacturing and the modernization of U.S. energy and power systems.
“Leading New America from its founding through one of the most successful SPAC IPOs of 2025 has been a privilege, and I am proud of the platform and the team we have built,” said Mr. McGurn. “Kyle is a proven capital markets leader with deep relationships across Wall Street and a long record of building businesses and delivering for investors. He knows this Company, he believes in its mission, and I can think of no one better positioned to carry it forward. I have complete confidence in Kyle and the Board, and I look forward to the Company completing an outstanding business combination.”
“On behalf of the Board, I want to thank Kevin for his leadership and for the strong foundation he built,” said Mr. Wool. “Looking ahead, I am excited to complete a business combination with a great company that advances American industry and innovation and improves value for Americans. With the capital raised in our offering and a deep pipeline of opportunities across the sectors we know best, New America has the team, the resources and the mandate to deliver on that mission.”
Kyle Wool brings more than two decades of experience across financial services and capital markets. He has served as president of Dominari Holdings Inc. (Nasdaq: DOMH) since December 2023 and chief executive officer of Dominari Securities LLC since May 2023. Earlier in his career, Wool was an executive director at Morgan Stanley, advising clients on investment strategy and capital allocation. He also held senior roles at Oppenheimer and Co., including serving as managing director of the Professional Investors Group for Oppenheimer Asia Ltd. Wool holds a degree from the State University of New York at Binghamton.
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)
SOURCE: New America Acquisition I Corp.