secwatch.observer — SEC 8-K summary
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Issuer:     Newton Golf Company, Inc. (NWTG)
CIK:        0001934245
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0001493152-24-028878
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934245/000149315224028878/0001493152-24-028878-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934245/000149315224028878/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-028878

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