---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-028878"
form_type: "8-K"
ticker: "NWTG"
cik: "0001934245"
company_name: "Newton Golf Company, Inc."
filed_at: "2024-07-24T23:59:59+00:00"
generated_at: "2026-05-31T17:16:35.578127+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-028878
- form_type: 8-K
- ticker: NWTG
- cik: 0001934245
- company_name: Newton Golf Company, Inc.
- filed_at: 2024-07-24T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1934245/000149315224028878/0001493152-24-028878-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1934245/000149315224028878/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-028878
- JSON: https://secwatch.observer/filing/0001493152-24-028878.json
- Plain text: https://secwatch.observer/filing/0001493152-24-028878.txt

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