secwatch.observer — SEC 8-K summary
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Issuer:     Newton Golf Company, Inc. (NWTG)
CIK:        0001934245
Form:       8-K
Filed at:   2024-10-10T23:59:59+00:00
Accession:  0001493152-24-040712
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sacks Parente Golf raises ~$536K in public offering of 366,000 shares at $2.00/share
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- Offered 366,000 common shares at $2.00 each; closed Oct 10, 2024.
- Net proceeds ~$536,000 after underwriting discounts and expenses.
- Underwriter Aegis Capital Corp. receives 7.0% discount and up to $75K expense reimbursement.
- Lock-up agreement: officers, directors and company cannot sell shares for 60 days without Aegis consent.
- Offering made under effective shelf registration statement on Form S-3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934245/000149315224040712/0001493152-24-040712-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934245/000149315224040712/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-040712

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