SCHEDULE: Newton Golf Company: Bhaskaran Beneficial Ownership Update

Dennis and Cheryl Bhaskaran report combined beneficial ownership of 9.9% in Newton Golf Company, Inc., holding 744,747 shares.

Summary

• Dennis Bhaskaran and Cheryl Bhaskaran have jointly filed a Schedule 13G, reporting their beneficial ownership of Newton Golf Company, Inc. common stock.
• Dennis Bhaskaran directly owns 200,000 shares and shares voting and dispositive power over an additional 544,748 shares.
• Cheryl Bhaskaran shares voting and dispositive power over 544,747 shares.
• The combined beneficial ownership reported is 744,747 shares, representing 9.9% of the company's outstanding common stock.
• This ownership percentage is based on 4,592,063 shares outstanding as of May 11, 2026.
• The reported ownership includes shares held directly, jointly with a spouse, issuable upon exercise of warrants, and issuable upon conversion of Series A Preferred Stock.
• A 9.99% beneficial ownership blocker is in effect for warrants and preferred stock, limiting exercise or conversion if it would exceed this threshold.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership and does not contain operational or financial performance updates.

Positives

• The filing clearly outlines the beneficial ownership of Dennis and Cheryl Bhaskaran, providing transparency to the market.
• The reporting persons have a combined stake of 9.9% in Newton Golf Company, Inc., indicating significant interest.
• The ownership structure is detailed, including direct holdings, joint holdings, and potential shares from warrants and preferred stock.

Negatives

• The 9.99% beneficial ownership blocker on warrants and preferred stock may limit the ability to increase ownership beyond this threshold, potentially capping future influence or investment.

Risks

• The 9.99% beneficial ownership blocker could prevent the reporting persons from exercising or converting certain securities if it would result in ownership exceeding 9.99% of the outstanding common stock.
• The filing does not detail the specific terms or expiration dates of the warrants or preferred stock, which could represent future risks or opportunities.

Future Outlook

The filing does not contain specific forward-looking statements or guidance from management regarding future performance or strategy. It is purely a disclosure of beneficial ownership.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are standard disclosures for significant beneficial ownership changes. This filing indicates a substantial, though capped, stake in Newton Golf Company, Inc. by the Bhaskaran individuals, which is typical for investors seeking to influence or monitor a company's direction without triggering control-related reporting requirements.

Related Party Transactions

• Dennis Bhaskaran and Cheryl Bhaskaran hold shares jointly.
• Dennis Bhaskaran and Cheryl Bhaskaran are trustees of the Dennis and Cheryl Bhaskaran TR U/A Dated 11/06/2014 (the 'Trust').

Stakeholder Impact

• Shareholders: Increased transparency regarding significant beneficial ownership.
• Management: Awareness of substantial ownership interests that may influence corporate decisions.
• Creditors: No direct impact indicated by this filing.

Next Steps

• The reporting persons will continue to monitor their beneficial ownership levels in Newton Golf Company, Inc.
• Any future changes in beneficial ownership that exceed reporting thresholds will require further filings.

Key Dates

Keywords

Schedule 13G, Beneficial Ownership, Newton Golf Company, Dennis Bhaskaran, Cheryl Bhaskaran, Common Stock, Warrants, Preferred Stock