Sacks Parente Stock Price, News & Analysis

SPGC is the historical ticker symbol for Newton Golf Company, a technology-forward golf company that manufactures and sells golf products. According to company disclosures, the business focuses on premium golf equipment innovation and operates within the sporting and athletic goods manufacturing segment of the broader manufacturing sector. The company has described itself as having a growing portfolio of golf products and an emphasis on advanced physics and precision engineering in golf equipment design.

Newton Golf Company has stated that it offers putting instruments, golf shafts, golf grips, and other golf-related products and accessories. The company has also referenced online custom fitting programs as part of its offering. Its products are sold through multiple channels, including e-commerce, distributors, wholesale customers such as pro-shops at golf courses and off-course retailers, sporting goods retailers, online retailers, third-party distributors, and Club Champion Golf, as well as mass merchants and corporate customers in the Americas, Asia, and Europe. The company has indicated that it was formerly known as Sacks Parente Golf Company, LLC and changed its name to Sacks Parente Golf, Inc. in March 2022, and it has been incorporated since 2018 with a base in Camarillo, California.

In later communications under the Newton Golf brand, the company has described itself as a technology-forward golf company that helps golfers elevate their game. It has highlighted a growing portfolio of golf products, including putters, golf shafts, golf grips, and other golf-related accessories. The company has cited several specific accomplishments in product design, including the First Vernier Acuity putter, patented Ultra-Low Balance Point (ULBP) putter technology, weight-forward Center-of-Gravity (CG) design, and ultra-light carbon fiber putter shafts.

The company has also stated that it expanded its manufacturing business in April 2022 to develop the advanced Newton brand of premium golf shafts by opening a shaft manufacturing facility in St. Joseph, Missouri. In its own description, it notes an intent to manufacture and assemble substantially all products in the United States, and to expand into golf apparel and other golf-related product lines to support growth. Newton Golf has indicated that future expansions may include broadening its offerings through mergers, acquisitions, or internal development of complementary product lines.

Newton Golf has reported that it sells its products through resellers, its own websites, Club Champion retail stores, and distributors in the United States, Japan, and South Korea. In various announcements, the company has characterized itself as a technology-forward golf company with a growing portfolio of golf products, including putters, golf shafts, golf grips, and other golf-related accessories, and has emphasized physics-driven designs in its equipment.

In March 2025, Newton Golf Company announced that it had officially changed its corporate name from Sacks Parente Golf, Inc. to Newton Golf Company. In the same announcement, the company stated that its common stock, which had traded on Nasdaq under the ticker symbol SPGC, would begin trading on a split-adjusted basis under the new ticker symbol NWTG on the Nasdaq Capital Market, effective March 17, 2025, following a 1-for-30 reverse stock split. This means that SPGC functions as a historical ticker symbol for the company, and investors seeking current market information are directed to the NWTG symbol.

According to its own statements, the name Newton Golf is meant to pay tribute to Sir Isaac Newton and the physics principles of motion and force that are fundamental to the game of golf. The company describes its approach as leveraging advanced engineering to enhance distance, control, and consistency for golfers, and has referred to its designs as physics-driven and focused on performance technology.

Business focus and product approach

Across its public communications, Newton Golf has consistently described its business focus as the design, manufacture, and sale of golf products. This includes putting instruments and putters, golf shafts, golf grips, and other golf-related accessories. The company has highlighted specific design elements such as Ultra-Low Balance Point (ULBP) putter technology, weight-forward Center-of-Gravity (CG) design, and ultra-light carbon fiber putter shafts as part of its approach to golf equipment performance.

The company has also referenced the development of the Newton brand of premium golf shafts and the establishment of a shaft manufacturing facility in St. Joseph, Missouri, as part of its manufacturing capabilities. Its stated intent to manufacture and assemble substantially all products in the United States, along with plans to expand into golf apparel and additional golf-related product lines, reflects the way the company has described its longer-term product and manufacturing orientation.

Market presence and distribution

Newton Golf has indicated that it distributes its products through a combination of direct and indirect channels. These include resellers, company websites, Club Champion retail stores, and distributors in the United States, Japan, and South Korea. Earlier descriptions under the Sacks Parente Golf name also mentioned sales through e-commerce, distributors, wholesale customers such as pro-shops at golf courses and off-course retailers, sporting goods retailers, online retailers, third-party distributors, and mass merchants and corporate customers in the Americas, Asia, and Europe.

These disclosures position the company within the sporting and athletic goods manufacturing industry, with a focus on golf equipment and accessories, and a distribution network that spans multiple regions and sales channels.

Ticker transition and corporate evolution

For investors researching SPGC, it is important to note that Newton Golf Company announced a corporate name change from Sacks Parente Golf, Inc. to Newton Golf Company, along with a 1-for-30 reverse stock split and a change in Nasdaq ticker symbol from SPGC to NWTG, effective March 17, 2025. The SPGC ticker therefore represents the company’s historical trading symbol prior to this change, while NWTG is the symbol referenced by the company for trading on the Nasdaq Capital Market after the reverse stock split date.

The company has described this name change as reflecting its commitment to golf performance technology based on physics and precision engineering. It has also linked the reverse stock split to its approach to participation in the public markets, as described in its own announcements.

Use of capital and growth orientation

Newton Golf has publicly reported completing an underwritten public offering with gross proceeds of approximately $8.4 million, before deducting underwriting fees and offering expenses. In connection with this offering, the company has stated that it expected to use the net proceeds, together with existing cash, for general corporate purposes and working capital. The company has also referenced financings to support strategic growth and product development in its communications.

In addition, Newton Golf has announced a share repurchase authorization of up to a specified dollar amount of its common stock, indicating that repurchases may occur in open market transactions, privately negotiated transactions, or a combination of both, subject to market conditions, business considerations, legal requirements, and other factors. The company has noted that there is no guarantee regarding the number of shares that will be repurchased and that the program may be extended, suspended, or discontinued at its discretion.

Historical context for SPGC

SPGC, as a ticker symbol, is historically associated with Sacks Parente Golf, Inc., which has been described as a technology-forward golf company that manufactures and sells golf products. Over time, the company has communicated a rebranding to Newton Golf Company and a transition to the NWTG ticker on Nasdaq. For users researching SPGC, this context links the historical symbol to the ongoing corporate entity and its subsequent branding and ticker changes.