Newton Golf loses board independence; Nasdaq non-compliance after Dottie Pepper resigns

Newton Golf Company, Inc.

Dottie Pepper resigned from the board effective Sept 28, 2025, citing no disagreement with company.
Company no longer complies with Nasdaq rules requiring majority independent directors and a 3-member independent audit committee.
Nasdaq notified Oct 2; cure period runs until next annual meeting or Sept 29, 2026 (or Mar 27, 2026 if annual meeting earlier).
Company intends to appoint an additional independent director to regain compliance before cure period ends.

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