secwatch.observer — SEC 8-K summary
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Issuer:     Newton Golf Company, Inc. (NWTG)
CIK:        0001934245
Form:       8-K
Filed at:   2025-03-11T23:59:59+00:00
Accession:  0001493152-25-009772
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sacks Parente Golf changes name to Newton Golf Company, 1-for-30 reverse split, new ticker NWTG
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- Effective March 17, 2025, stock trades as Newton Golf Company under ticker NWTG on Nasdaq.
- Board approves 1-for-30 reverse stock split; fractional shares rounded up to whole shares.
- Company completed December 2024 public offering raising ~$8.4M gross proceeds.
- Name change reflects focus on physics-driven golf equipment innovation under CEO Greg Campbell.
- No shareholder action required; positions automatically adjusted via broker or transfer agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934245/000149315225009772/0001493152-25-009772-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934245/000149315225009772/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-009772

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer