---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-032542"
form_type: "8-K"
ticker: "NWTG"
cik: "0001934245"
company_name: "Newton Golf Company, Inc."
filed_at: "2024-08-15T23:59:59+00:00"
generated_at: "2026-05-31T09:07:11.591999+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sacks Parente Golf regains Nasdaq minimum bid price compliance after reverse split

## Summary
- Nasdaq confirmed compliance on August 13, 2024, resolving prior minimum bid price deficiency.
- Company effected a 1-for-10 reverse stock split on July 30, 2024 to address bid price shortfall.
- Common stock (SPGC) continues trading on Nasdaq with no further action required.
- Reverse split raised per-share price above $1.00 threshold for 30 consecutive trading days.

## SEC filing metadata
- accession: 0001493152-24-032542
- form_type: 8-K
- ticker: NWTG
- cik: 0001934245
- company_name: Newton Golf Company, Inc.
- filed_at: 2024-08-15T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1934245/000149315224032542/0001493152-24-032542-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1934245/000149315224032542/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-032542
- JSON: https://secwatch.observer/filing/0001493152-24-032542.json
- Plain text: https://secwatch.observer/filing/0001493152-24-032542.txt

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