Sacks Parente Golf appoints Douglas Samuelson as CFO effective Sept 9, 2024

Newton Golf Company, Inc.

Samuelson, 65, has 25+ years finance experience; most recently part-time CFO at Kairos Pharma since 2019.
Base salary $225,000/year, eligible for discretionary bonus; will receive option for 36,000 shares vesting over 3 years.
Samuelson replaces Steve Handy, who resigned to pursue other options; departure not due to disagreement.
Bringing SEC reporting, SOX compliance experience; previously CPA in California.

item 5.02 item 8.01 item 9.01

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Appointed

Douglas Samuelson

Chief Financial Officer

NWTG · Newton Golf Company, Inc.

Effective: 2024-09-09
Filed: September 9, 2024, 7:59 PM ET

On August 29, 2024, Sacks Parente Golf, Inc. (the “Company”) entered into an offer letter (the “Letter”) with Douglas Samuelson pursuant to which Mr. Samuelson was appointed the Chief Financial Officer of the Company, effective as of September 9, 2024.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Douglas Samuelson was appointed as Chief Financial Officer at Newton Golf Company, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On August 29, 2024, Sacks Parente Golf, Inc. (the “Company”) entered into an offer letter (the “Letter”) with Douglas Samuelson pursuant to which Mr. Samuelson was appointed the Chief Financial Officer of the Company, effective as of September 9, 2024.

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Newton Golf Company, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-24-035416

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