Company information
- Ticker
- NNAX
- Country
- United States
- Sector
- Consumer Discretionary
- Industry
- Leisure
New Momentum Business Summary
New Momentum Corp. (NNAX) operates as a specialized holding company primarily focused on the high-end fan engagement and sports memorabilia markets through its flagship subsidiary, Authentic Heroes Inc. The company generates revenue via a multi-channel model comprising direct-to-consumer (DTC) sales of "fan-authenticated" apparel, transaction fees from digital twin (NFT) integrations, and B2B licensing of its patented 3D scanning and fiber-matching authentication technology. Its business segments are strategically divided into Physical Collectibles, Digital Assets/Web3, and Intellectual Property Licensing. By utilizing proprietary technology to verify the provenance of celebrity-worn garments and converting them into limited-edition collectibles, NNAX occupies a premium niche in the "wearable history" sector. Direct competitors include Fanatics, Panini Group, and Upper Deck; however, NNAX distinguishes itself by focusing on high-fidelity physical-to-digital authentication and the fractionalization of high-value memorabilia rather than mass-market trading cards. The leadership team is spearheaded by CEO Chris Giordano, a veteran of the financial services and corporate restructuring sectors with over three decades of experience in capital markets and strategic acquisitions. He is supported by Chairman David Shuler, who brings extensive expertise in international trade and emerging technologies, having previously held senior roles at the New York Stock Exchange and various global financial institutions. The company’s strategic direction is heavily influenced by its partnership with Global Tech Industries Group (GTII), which serves as a major stakeholder and provides institutional backing for NNAX’s expansion. The board and advisory team are composed of specialists in intellectual property law and digital media, focused on scaling the Authentic Heroes brand across global sports and entertainment franchises through aggressive licensing and celebrity partnerships.