---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-004411"
form_type: "8-K"
ticker: "NWTG"
cik: "0001934245"
company_name: "Newton Golf Company, Inc."
filed_at: "2025-01-31T23:59:59+00:00"
generated_at: "2026-05-27T04:51:14.418717+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SPGC receives Nasdaq delisting notice for bid price below $1.00; plans hearing request

## Summary
- Notice received Jan 29, 2025 for non-compliance with Nasdaq Listing Rule 5550(a)(2).
- Stock closing bid below $1.00 for 30 consecutive business days; ineligible for 180-day cure period due to prior reverse split.
- Company intends to request a hearing before Nasdaq Hearings Panel to stay any delisting.
- No assurance that Panel will grant extension or that SPGC will regain compliance.
- Hearing request automatically stays delisting action pending hearing and potential extension.

## SEC filing metadata
- accession: 0001493152-25-004411
- form_type: 8-K
- ticker: NWTG
- cik: 0001934245
- company_name: Newton Golf Company, Inc.
- filed_at: 2025-01-31T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1934245/000149315225004411/0001493152-25-004411-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1934245/000149315225004411/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-004411
- JSON: https://secwatch.observer/filing/0001493152-25-004411.json
- Plain text: https://secwatch.observer/filing/0001493152-25-004411.txt

## Source-grounded claims
- claim_id: c6b15d47a86c766860da4d9096c5416d51bf319a
  claim: Newton Golf Company, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  evidence_excerpt: Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) due to the Company’s common stock not maintaining a closing bid price of at least $1.00 per share f
  evidence_url: https://www.sec.gov/Archives/edgar/data/1934245/000149315225004411/0001493152-25-004411-index.htm

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