Business Context and Reporting Period
This Form 8-K Current Report is filed by New America Acquisition I Corp. (NWAX), a Special Purpose Acquisition Company (SPAC) incorporated in Florida. The report covers events occurring on August 5, 2026. The Company's securities, including Units (NWAXU), Class A common stock (NWAX), and Warrants (NWAXW), are listed on The New York Stock Exchange.
Key Financial Metrics
This filing is a current report regarding corporate governance changes and does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The filing text does not provide a clear value for any financial metrics.
Material Changes
- CEO Resignation: Kevin McGurn resigned as Chief Executive Officer and Director effective August 5, 2026. The resignation was not due to any disagreement with management or the Board regarding operations, policies, or practices.
- Board Composition: The Board size decreased from six directors to five directors following Mr. McGurn's departure.
- CEO Appointment: Kyle Wool, the Chairman of the Board, was appointed as the new Chief Executive Officer effective August 5, 2026. Mr. Wool will continue to serve as Chairman.
Management Commentary and Background
Mr. Wool, aged 49, has served on the Board since February 2026. His professional background includes serving as President of Dominari Holdings Inc. (Nasdaq: DOMH) since December 2023 and CEO of Dominari Securities since May 2023. Prior to these roles, he was an Executive Director at Morgan Stanley (2013–2021) and held various roles at Oppenheimer and Co., Inc. (2005–2013). The Company confirmed there are no family relationships between Mr. Wool and other directors or officers, and no transactions requiring disclosure under Item 404(a) of Regulation S-K.
Investor Verification Checklist
- Verify the effective date of the leadership transition (August 5, 2026).
- Confirm the reduction in Board size from six to five members.
- Review the attached press release (Exhibit 99.1) for additional context on the transition.
- Note that this filing contains no financial performance data; refer to the most recent 10-K or 10-Q for financial status.