Sacks Parente Golf announces 1-for-10 reverse stock split effective July 30, 2024

Newton Golf Company, Inc.

Reverse split at 1:10 ratio, effective 12:01 a.m. ET on July 30, 2024; ticker SPGC unchanged.
Intended to regain compliance with Nasdaq $1.00 minimum bid price requirement for continued listing.
No fractional shares; cash paid in lieu; proportional adjustments to warrants and equity awards.
Authorized shares unchanged; par value remains $0.001 per share.
Stockholders holding in book-entry or street name need not take any action.

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