---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-022646"
form_type: "8-K"
ticker: "NWTG"
cik: "0001934245"
company_name: "Newton Golf Company, Inc."
filed_at: "2024-06-05T23:59:59+00:00"
generated_at: "2026-06-01T06:21:49.523823+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sacks Parente Golf receives Nasdaq delisting notice; bid price below $1 and equity non-compliance

## Summary
- Nasdaq determination letter on June 4, 2024, citing failure to regain $1.00 bid price compliance by June 3, 2024.
- Company ineligible for second 180-day cure period due to failure to meet minimum stockholders' equity initial listing requirement.
- Company intends to request a hearing before Nasdaq Hearings Panel, which stays suspension/delisting pending outcome.
- Panel may grant an extension of up to 180 days from determination letter date, but no assurances of regaining compliance.

## SEC filing metadata
- accession: 0001493152-24-022646
- form_type: 8-K
- ticker: NWTG
- cik: 0001934245
- company_name: Newton Golf Company, Inc.
- filed_at: 2024-06-05T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1934245/000149315224022646/0001493152-24-022646-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1934245/000149315224022646/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-022646
- JSON: https://secwatch.observer/filing/0001493152-24-022646.json
- Plain text: https://secwatch.observer/filing/0001493152-24-022646.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.