secwatch.observer — SEC 8-K summary
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Issuer:     Newton Golf Company, Inc. (NWTG)
CIK:        0001934245
Form:       8-K
Filed at:   2026-11-10T21:05:22+00:00
Accession:  0001493152-26-050958
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.03, 3.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Newton Golf raises $1.7M in equity, swaps $1M Brynnwood debt for stock
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- Third common-stock tranche: 967,739 shares sold at $1.24 to four investors, including director Brett Hoge, for $1.2M gross on Nov. 6, 2026.
- Preferred placement: two investors bought 5,000 Series A convertible preferred shares for $500,000; initial conversion price is $1.00 per share.
- Debt-for-equity exchange: $1.0M of Brynnwood LLLP revolving-line principal was swapped for 211,693 common shares and 7,875 Series A preferred shares.
- Common private placement totals $2.471M across three tranches ($1.0M Aug. 14, $271K Sept. 15, $1.2M Nov. 6), with capacity up to $5.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934245/000149315226050958/0001493152-26-050958-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934245/000149315226050958/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-050958

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