secwatch.observer — SEC 8-K summary
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Issuer:     Newton Golf Company, Inc. (NWTG)
CIK:        0001934245
Form:       8-K
Filed at:   2026-03-18T23:59:59+00:00
Accession:  0001493152-26-011202
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newton Golf raises up to $2M via convertible notes and warrants; first close $500K
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- Issued $500K convertible note at 10% interest, 18-month maturity, conversion price $1.60.
- Warrants to purchase 50K shares at $1.75 exercise price; total potential up to 200K shares if full $2M raised.
- Purchaser is entity controlled by director Brett Hoge; structured under Nasdaq Listing Rule 5635(c).
- Notes repayable at any time without penalty; mandatory conversion if stock closes at $3.00+ for 10 consecutive days.
- Warrants expire 5 years; piggyback registration rights granted for underlying shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934245/000149315226011202/0001493152-26-011202-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934245/000149315226011202/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-011202

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