Sacks Parente Golf closes $8.4M public offering of 7M units at $1.20/unit

Newton Golf Company, Inc.

Closed underwritten public offering on Dec 13, 2024; gross proceeds $8.4M before fees.
Issued 7,000,000 Common Units at $1.20 each, each consisting of one share and two warrants (Series A and B).
Series A warrants exercisable at $2.40/share for 60 months; Series B at $2.40 for 30 months after stockholder approval.
Aegis Capital Corp. acted as sole underwriter; underwriting discount 7% plus 1% non-accountable expense allowance.
Company must seek stockholder approval within 60 days for warrant exercisability and certain adjustment provisions.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.