Sacks Parente Golf, INC
Market Movers (8-K)
Newton Golf Company, Inc. has exchanged approximately $2.3 million in convertible promissory notes for Series A Convertible Preferred Stock, restructuring its debt and establishing new terms for its security holders.
Newton Golf Company, Inc. has entered into a $5 million senior secured revolving credit facility with Brynnwood, LLLP to bolster its financial flexibility.
Capital raise
Newton Golf Company, Inc. announced additional closings on its securities purchase agreement, issuing $200,000 in convertible notes and warrants.
Capital raise
Newton Golf Company, Inc. has completed a $500,000 financing round, issuing convertible notes and warrants as part of an expanded capital raise.
Capital raise
Newton Golf Company, Inc. announced the appointment of Gregg Hemphill as an independent director, effective May 19, 2026, who will also serve on key board committees.
Newton Golf Company announced its Q1 2026 financial results, highlighting operational initiatives impacting shipment timing but also showing growth in customer deposits and strategic distribution agreements.
Worse than expected
Delay expected
Capital raise
Quarterly Earnings (10-Q)
Newton Golf Company, Inc. reported a net loss of $2.66 million for Q1 2026, with net sales down 18% year-over-year due to manufacturing transition impacts, while also receiving a Nasdaq deficiency letter regarding stockholders' equity.
Delay expected
Worse than expected
Capital raise
Newton Golf Company reported significant revenue growth for Q3 and the nine months ended September 30, 2025, but faces substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
Newton Golf Company, Inc. reported a significant 182% increase in net sales for the first half of 2025, driven by new product introductions, while reducing its net loss by 13% despite increased operating expenses.
Better than expected
Capital raise
Newton Golf Company saw a significant increase in net sales for Q1 2025, but the company still experienced a net loss and faces ongoing concerns about its ability to continue as a going concern.
Capital raise
Worse than expected
Sacks Parente Golf experienced a substantial increase in revenue during the third quarter of 2024, primarily driven by the introduction of their new Newton shaft product line, but the company continues to operate at a loss.
Worse than expected
Capital raise
10-Q: Sacks Parente Golf Reports Increased Sales but Continues to Face Going Concern Challenges in Q2 2024
Sacks Parente Golf saw a significant increase in sales driven by new product lines, but ongoing losses and a delisting notice raise concerns about the company's financial stability.
Worse than expected
Capital raise
Annual Reports (10-K)
10-K: Newton Golf Company Reports Increased Sales but Faces Going Concern Doubts in 2024 10-K Filing
Newton Golf Company's 2024 10-K filing reveals significant revenue growth driven by new product lines, but also highlights substantial net losses and concerns about the company's ability to continue as a going concern.
Capital raise
Worse than expected
Sacks Parente Golf, Inc. reported its full year 2023 results, showcasing revenue growth driven by new product launches and international expansion, while also acknowledging ongoing financial losses and a going concern warning.
Capital raise
Worse than expected
Insider Trading (Form 4)
Director Brett Hoge has reported a conversion of Series A Convertible Preferred Stock into Common Stock of Newton Golf Company, Inc.
Director Jane Casanta acquired 37,044 shares of common stock in Newton Golf Company, Inc. on June 24, 2026.
Director Brett Hoge acquired 62,975 shares of common stock in Newton Golf Company, Inc. on June 24, 2026.
Newton Golf Company's Chief Technology Officer, Yorihiro Akinobu, reported a significant acquisition of common stock, totaling 261,780 shares, as part of a restricted stock unit vesting schedule.
Newton Golf Company's Chief Financial Officer, Jeff Clayborne, acquired 251,902 shares of common stock through restricted stock units.
Director Gregg Hemphill acquired 25,035 shares of common stock in Newton Golf Company, Inc. through a transaction on May 19, 2026.
Proxy Statements (Def-14A)
Newton Golf Company, Inc. calls its 2025 Annual Meeting to elect directors, ratify auditors, and approve an amended equity incentive plan, while addressing Nasdaq compliance issues.
Sacks Parente Golf is holding a special meeting to seek stockholder approval for several key proposals, including the issuance of warrants, a name change to Newton Golf Company, and a reverse stock split.
Capital raise
Sacks Parente Golf, Inc. will hold its 2024 Annual Meeting of Stockholders virtually on December 16, 2024, to vote on the election of directors and the ratification of its accounting firm.
Sacks Parente Golf, Inc. announces stockholder approval for a reverse stock split, with a ratio between 1-for-10 and 1-for-20, to meet Nasdaq's minimum bid price requirement.
Worse than expected
New Public Companies (S-1)
Sacks Parente Golf, Inc. has filed an amendment to its registration statement for a public offering of common units, pre-funded units, and warrants.
Worse than expected
Capital raise
Sacks Parente Golf has filed an amendment to its registration statement for a public offering of common units and pre-funded units, including common stock and warrants.
Worse than expected
Capital raise
Sacks Parente Golf, Inc. is conducting a public offering of common units, pre-funded units, and associated warrants to raise capital for working capital and general corporate purposes.
Worse than expected
Capital raise
Schedule 13D - Activist Investments
Newton Golf Company director Brett Widney Hoge and related entities increased their beneficial ownership to 6.7% through open market purchases and a $500,000 private placement of convertible notes and warrants.
Capital raise
Newton Golf Company director Brett Widney Hoge has disclosed a 5.7% beneficial ownership stake in the company, primarily for investment purposes.
Schedule 13G - Passive Investments
Dennis and Cheryl Bhaskaran report combined beneficial ownership of 9.9% in Newton Golf Company, Inc., holding 744,747 shares.
Murano Capital Partners LP, Murano Group LLC, and Clifford Jay Thomson have reported beneficial ownership of 5.28% of Newton Golf Company, Inc.'s common stock.
SCHEDULE 13G/A: L1 Capital Global Opportunities Master Fund Divests Entire Stake in Newton Golf Company
L1 Capital Global Opportunities Master Fund, Ltd. has reported a complete divestiture of its beneficial ownership in Newton Golf Company, Inc., reducing its stake to 0%.
Worse than expected