Welcome to our dedicated page for Newton Golf Company SEC filings (Ticker: NWTG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Newton Golf Company, Inc. (NASDAQ: NWTG) files a range of documents with the U.S. Securities and Exchange Commission that provide detailed insight into its governance, compensation plans, capital structure, and operating performance. This page aggregates those SEC filings and pairs them with AI-powered summaries to help readers interpret the information more efficiently.
For Newton Golf, key filings include annual proxy statements (DEF 14A), which describe proposals submitted to stockholders, director elections, equity incentive plans, and auditor ratification. For example, the company’s definitive proxy statement for its 2025 annual meeting outlines the approval of an amended and restated 2022 Equity Incentive Plan and the process for its virtual stockholder meeting.
Current reports on Form 8-K are another important source of information. Newton Golf has used 8-K filings to disclose matters such as amendments to its bylaws to reflect its name change from Sacks Parente Golf, Inc. to Newton Golf Company, Inc., changes to quorum requirements, at-the-market offering arrangements, notices related to Nasdaq listing rule compliance, and stockholder approval of equity plan amendments and related restricted stock unit grants.
Investors and analysts can also review 8-K filings that reference earnings press releases and financial results, which are incorporated as exhibits. Insider share purchases are reported separately to the SEC on Form 4, as noted in the company’s news releases, and are relevant for tracking management’s ownership changes.
On this page, AI-generated highlights explain the purpose of each filing, summarize the main points in plain language, and point out items such as equity plan changes, governance updates, and material agreements, helping users navigate Newton Golf’s regulatory disclosures more quickly.
Newton Golf Company, Inc. (NWTG), a Delaware manufacturing corporation in business for over five years, has launched a private equity offering relying on Regulation D Rule 506(b). This is a new notice, with the first sale reported on August 14, 2026. The company reports $1,000,000 of securities sold and $4,000,000 remaining to be sold in this exempt offering, with no finders' fees paid. The issuer declined to disclose its revenue range and reports that it is not a registered investment company.
Newton Golf Company, Inc. (NWTG) entered into a Securities Purchase Agreement for a private placement of common stock in multiple tranches for up to an aggregate purchase price of $5,000,000. Shares will be sold at a per share price tied to recent Nasdaq closing prices, with a floor of $1.24 per share.
The initial tranche closed on August 14, 2026, providing $1,000,000 of gross proceeds to the company. Newton Golf also entered into a Registration Rights Agreement committing to file a resale registration statement within 45 days after each tranche closing and to use commercially reasonable efforts to have it declared effective within specified timeframes.
The private placement relies on exemptions from registration under Section 4(a)(2) and Rule 506 of Regulation D, with Investor Shares sold to accredited investors or qualified institutional buyers without general solicitation.
Newton Golf Company, Inc. reported significantly weaker results for the three and six months ended June 30, 2026 while disclosing substantial doubt about its ability to continue as a going concern. Net sales fell as manufacturing transitions and temporary carbon fiber shortages reduced shaft production and led the company to scale back marketing, while operating expenses remained high.
For the quarter, net sales were $1.3 million with a net loss of $2.3 million; for the first half, net sales were $2.3 million with a net loss of $4.9 million and operating cash outflows of $2.8 million. At June 30, 2026, cash was $442,000, total liabilities were $6.0 million, and stockholders’ equity was a deficit of $3.5 million, including $1.4 million of warrant liabilities and $2.0 million of convertible debt.
To address liquidity, the company issued $2.25 million of 10% convertible notes with associated warrants, arranged a $10.0 million at-the-market equity program, and after quarter-end secured a $5.0 million senior secured revolver, exchanged about $2.3 million of convertible notes into Series A Convertible Preferred Stock, and completed a $1.0 million private placement. Management is also rolling out updated “2.0” shaft products and gradually resuming marketing as production and materials availability improve.
Dennis and Cheryl Bhaskaran, as reporting persons, each report beneficial ownership of 9.9% of Newton Golf Company, Inc. common stock, based on 4,592,063 shares outstanding as of May 11, 2026.
Dennis holds 200,000 shares directly with sole voting and dispositive power and shares voting and dispositive power over additional shares held jointly and through a trust, including stock issuable from warrants and Series A Preferred Stock. The warrants and preferred shares are subject to a 9.99% beneficial ownership blocker that prevents exercise or conversion if total holdings would exceed that threshold.
Newton Golf Company, Inc. director Brett Widney Hoge reported indirect acquisitions of Series A Convertible Preferred Stock on July 8, 2026 through an LLC and a revocable trust. The preferred shares are perpetual, carry a 10.00% annual dividend on the original issue price, and are convertible into common stock at $0.0100 per share, reflecting an exchange of outstanding convertible promissory notes and accrued interest.
Newton Golf Company entered Exchange Agreements with certain noteholders to swap approximately $2.3 million of existing convertible notes, including accrued interest, into 24,092.61 shares of a new Series A Convertible Preferred Stock at an Original Issue Price of $1.00 per share.
The Series A Preferred Stock carries a 10.00% annual dividend on the Original Issue Price, which the company may pay in cash, by increasing the stated value, or allow to accrue. It ranks senior to common stock in dividends and liquidation and is initially convertible into common shares at a $1.00 conversion price, with forced conversion possible if the common stock trades at or above $3.00 for 10 consecutive trading days and a resale registration is effective.
The class has significant investor protections, including voting on an as-converted basis, preemptive rights in subsequent offerings, and consent rights over senior securities or a voluntary bankruptcy while at least 25% of the originally issued preferred shares remain outstanding. A beneficial ownership cap generally limits any holder to 4.99% of outstanding common stock, adjustable up to 19.99% subject to notice and stockholder approval thresholds.
Newton Golf Company, Inc. entered into a Loan and Security Agreement with Brynnwood, LLLP for a senior secured revolving credit facility of up to $5,000,000. The facility bears interest at Daily Simple SOFR plus 13% and currently matures on July 1, 2028.
The company’s obligations are secured by a first priority lien on substantially all assets, and it paid a one-time commitment fee of 2% of the facility. The agreement includes customary covenants, reverse-takeover provisions, and events of default that allow the lender to accelerate the debt and exercise remedies against the collateral.
Newton Golf Company, Inc. completed an additional closing under its existing securities purchase agreement, issuing a new $200,000 unsecured convertible note and a warrant to purchase 20,000 shares of common stock. This brings issued notes to $2,050,000 and warrants to 205,000 shares, under a program allowing up to $3,000,000 of notes and 300,000 warrants.
The notes mature 18 months from issuance, carry 10% annual interest paid in kind, and are convertible at $1.60 per share, while the warrants are exercisable at $1.75 per share for five years. The company may force conversion if the stock closes at or above $3.00 for 10 consecutive trading days, and the notes may be repaid early without penalty. The financing was completed as a private placement relying on Section 4(a)(2) and Rule 506(b) exemptions.
Newton Golf Company, Inc. director Jane Casanta reported an equity grant that increases her direct stake in the company. She received 37,044 shares of common stock at no cost as a compensation award, bringing her direct holdings to 59,921 shares after the transaction.
The award represents restricted stock units that are scheduled to vest on June 24, 2027, provided she continues her service with the company through that date. This filing reflects a compensation-related acquisition rather than an open-market purchase.
Newton Golf Company, Inc. director Brett Widney Hoge reported an equity compensation grant on Common Stock. He acquired 62,975 restricted stock units for no cash consideration, increasing his direct holdings to 356,225 shares. These units vest on June 24, 2027, contingent on his continued service.