secwatch.observer — SEC 8-K summary
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Issuer:     Newton Golf Company, Inc. (NWTG)
CIK:        0001934245
Form:       8-K
Filed at:   2024-08-15T23:59:59+00:00
Accession:  0001493152-24-032542
Event type: regulatory
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934245/000149315224032542/0001493152-24-032542-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934245/000149315224032542/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-032542

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