secwatch.observer — SEC 8-K summary
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Issuer:     Newton Golf Company, Inc. (NWTG)
CIK:        0001934245
Form:       8-K
Filed at:   2026-10-13T12:30:21+00:00
Accession:  0001493152-26-046740
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Nasdaq staff finds Newton Golf non-compliant; trading suspension set for Oct 15 absent appeal
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- Oct 6, 2026 letter: Staff determined Newton Golf did not demonstrate compliance with Nasdaq Listing Rule 5550(b)(1)'s $2,500,000 minimum stockholders' equity requirement.
- Trading of NWTG would be suspended at the open on Oct 15, 2026 unless the company appeals by Oct 13; a Form 25-NSE would then delist and deregister the stock.
- Company got the original deficiency letter April 6, 2026 and submitted compliance plans to Staff on May 21 and Aug 20, 2026, but did not complete the remedial actions.
- Newton Golf says it intends to timely request a Nasdaq Hearings Panel hearing, which would stay the suspension and the Form 25-NSE filing pending the Panel's decision.
- Company states there is no assurance the Panel will grant continued listing or that it can regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934245/000149315226046740/0001493152-26-046740-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934245/000149315226046740/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-046740

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