secwatch.observer — SEC 8-K summary
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Issuer:     Newton Golf Company, Inc. (NWTG)
CIK:        0001934245
Form:       8-K
Filed at:   2025-12-18T23:59:59+00:00
Accession:  0001493152-25-028368
Event type: other
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newton Golf shareholders approve amended equity plan adding 1.4M shares; executives receive RSUs
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- Stockholders approved Amended and Restated 2022 Equity Incentive Plan, increasing authorized shares by 1,400,000 and extending to Dec 18, 2035.
- CEO granted 200,000 RSUs; CFO granted 175,000 RSUs; CTO granted 225,000 RSUs; all vest ratably over three years.
- Annual evergreen increase provision added: lesser of 5% of fully diluted shares or board-determined amount, effective Jan 1, 2026.
- Unvested RSUs fully accelerate upon a change in control; pro-rata vesting upon death or disability.
- Board of directors elected (Campbell, Casanta, Hoge, Yorihiro) and Weinberg & Company ratified as auditor for FY2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934245/000149315225028368/0001493152-25-028368-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934245/000149315225028368/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-028368

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