secwatch.observer — SEC 8-K summary
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Issuer:     Newton Golf Company, Inc. (NWTG)
CIK:        0001934245
Form:       8-K
Filed at:   2023-08-18T23:59:59+00:00
Accession:  0001493152-23-029404
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sacks Parente Golf prices IPO at $4.00/share, raises $12.8M gross, lists on Nasdaq
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- IPO of 3.2M shares at $4.00/share; gross proceeds $12.8M; net proceeds ~$11.6M.
- Shares began trading on Nasdaq Capital Market on Aug 15, 2023 under ticker SPGC.
- Net proceeds to fund Asia expansion, marketing, debt repayment, compensation, manufacturing, working capital.
- Underwriting agreement with Benchmark Company as sole bookrunner.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934245/000149315223029404/0001493152-23-029404-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934245/000149315223029404/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-029404

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer