---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-050093"
form_type: "8-K"
ticker: "NWTG"
cik: "0001934245"
company_name: "Newton Golf Company, Inc."
filed_at: "2024-12-16T23:59:59+00:00"
generated_at: "2026-05-29T03:08:30.025655+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-050093
- form_type: 8-K
- ticker: NWTG
- cik: 0001934245
- company_name: Newton Golf Company, Inc.
- filed_at: 2024-12-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1934245/000149315224050093/0001493152-24-050093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1934245/000149315224050093/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-050093
- JSON: https://secwatch.observer/filing/0001493152-24-050093.json
- Plain text: https://secwatch.observer/filing/0001493152-24-050093.txt

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