New America Acquisition names Kyle Wool as CEO after McGurn exits

New America Acquisition I Corp. (NYSE: NWAX) announced that Kevin McGurn has resigned as chief executive officer and as a board member, effective August 5, 2026. The board has appointed Kyle Wool, who previously served as chairman, to the CEO role while retaining his chairman position.

The company stated that McGurn's resignation was voluntary and was not related to any disagreement over company operations, policies, or practices.

Wool has more than two decades of experience in financial services and capital markets. He has served as president of Dominari Holdings Inc. (Nasdaq: DOMH) since December 2023 and as chief executive officer of Dominari Securities LLC since May 2023. Earlier in his career, he was an executive director at Morgan Stanley and held senior roles at Oppenheimer and Co., including managing director of the Professional Investors Group for Oppenheimer Asia Ltd.

"Kyle is a proven capital markets leader with deep relationships across Wall Street and a long record of building businesses and delivering for investors," McGurn said in the statement.

New America Acquisition 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. The blank-check company is targeting established U.S.-based businesses in industrial automation, data and AI infrastructure, advanced manufacturing, and energy and power systems for its initial business combination.

You May Also Be Interested In

• Electra AI and Omega Seiki Mobility form battery intelligence deal
• Entera Bio names Riccardo Camisasca as chief medical officer
• FORT Robotics to go public via SPAC deal valued at $557 million