Newton Golf receives Nasdaq deficiency notice for minimum equity requirement

Newton Golf Company, Inc.

Nasdaq notified Newton Golf on April 6, 2026, of non-compliance with minimum stockholders' equity requirement of $2.5M.
Company has until May 21, 2026, to submit a plan to regain compliance.
If plan accepted, Nasdaq may grant up to 180 days (until Oct 3, 2026) to show compliance.
Trading under symbol NWTG continues, but delisting risk if plan not accepted or compliance not achieved.
Company intends to submit a compliance plan; no assurance of acceptance or success.

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