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. announced that its Board of Directors appointed Gregg Hemphill as a new independent director, effective May 19, 2026. He will serve until the 2026 annual stockholders’ meeting and has been named to the Audit, Compensation, and Nominating and Corporate Governance Committees.
Hemphill will be compensated under the company’s non-employee director program, which includes a $30,000 annual cash retainer and an annual grant of RSUs valued at $37,500. In addition, he received a one-time initial RSU award with a grant date fair value of $30,000, all vesting after 12 months. The company states there are no related-party relationships or special arrangements tied to his selection.
Newton Golf Company reported weaker results for Q1 2026 as it retooled manufacturing to support future growth. Revenue was $1.0 million, down 18% from $1.2 million a year earlier, and gross margin fell to 63% from 70% due to temporary production inefficiencies.
Operating expenses rose 15% to $3.2 million, driving a larger net loss of $2.7 million, or ($0.58) per share, versus a $0.5 million loss, or ($0.55), last year. Cash ended at $593,000, while total liabilities exceeded assets, creating a stockholders’ deficit of $1.5 million as of March 31, 2026.
To bolster liquidity, the company arranged up to $2.0 million of convertible notes at a $1.60 conversion price with $1.75 warrants, issuing $500,000 in Q1 and another $850,000 afterward. Management highlighted about $1.2 million of customer deposits and open wholesale orders awaiting shipment and noted ongoing efforts to maintain Nasdaq listing compliance while expanding new products, international distribution, and fitter network growth.
Newton Golf Company, Inc. reported a weak quarter and mounting financial pressure. Net sales fell to $991,000 from $1,210,000, with gross profit dropping to $628,000 and gross margin sliding to 63% from 70% as factory transitions reduced production and delayed shipments.
The company’s net loss widened to $2,659,000 from $525,000, driven by lower revenue, higher operating expenses, and the absence of last year’s large non-cash warrant gain. At March 31, 2026, Newton had only $593,000 of cash and a stockholders’ deficit of $1,521,000, and its auditors raised substantial doubt about its ability to continue as a going concern.
Management is relying on external financing, including an up to $10.0 million at-the-market equity program and Convertible Notes of up to $2,000,000 with attached warrants, of which $500,000 closed in the quarter and an additional $850,000 closed afterward. The company also disclosed a Nasdaq deficiency notice for failing to meet the $2.5 million stockholders’ equity requirement, creating a risk of eventual delisting if it cannot execute a credible equity-rebuilding plan.
Newton Golf Company, Inc. completed additional closings under a previously disclosed securities purchase agreement, issuing unsecured convertible notes and warrants for total principal of $1.35 million across four closings, out of up to $2.0 million available.
The notes bear 10% annual interest paid in kind, mature in 18 months, and are convertible into common stock at $1.60 per share. Accompanying five-year warrants allow purchases of common stock at an exercise price of $1.75 per share. The financing was conducted as an unregistered private placement under Section 4(a)(2) and Rule 506(b) of Regulation D.
Newton Golf Company, Inc. reported that Nasdaq has notified it of non-compliance with Nasdaq Listing Rule 5550(b)(1), which requires at least $2,500,000 in stockholders’ equity to remain on The Nasdaq Capital Market. The company has 45 days, until May 21, 2026, to submit a compliance plan.
If Nasdaq accepts the plan, Newton Golf could have up to 180 days from April 6, 2026, until October 3, 2026, to regain compliance. Trading of its common stock under the symbol NWTG continues for now, but the shares could be delisted if the plan is not accepted or compliance is not restored.
Newton Golf Company, Inc. reported that director Greg Campbell resigned from its Board of Directors, effective March 31, 2026. The Company stated that his resignation was not due to any disagreement regarding its operations, policies, or practices, indicating an orderly board-level transition rather than a dispute.
Newton Golf Company, Inc. files its annual report describing a niche golf equipment business focused on premium Newton Motion shafts and Gravity putters, manufactured largely in the U.S. The company’s independent auditor has expressed substantial doubt about its ability to continue as a going concern, and management expects to raise additional debt or equity capital to fund operations.
Newton completed an initial public offering in 2023 and additional equity offerings in 2024, while enacting 1‑for‑10 and 1‑for‑30 reverse stock splits to maintain Nasdaq listing. As of June 30, 2025, non‑affiliate equity was valued at $6.4 million, with 4,592,063 common shares outstanding as of March 26, 2026.
Newton Golf Company, Inc. removed Greg Campbell from his roles as Executive Chairman, Chief Executive Officer and principal executive officer on March 27, 2026. The company appointed co‑founder Akinobu Yorihiro, age 57, as Interim Chief Executive Officer and principal executive officer, while he continues as Chief Technology Officer and director. The Board of Directors also named Brett Hoge as its new Chairperson. Yorihiro brings prior leadership experience at Nippon Xport Ventures, Yoshimoto Entertainment USA and Bellrock Media, as well as a background as a corporate M&A partner at Bingham McCutchen LLP. His compensation remains unchanged in connection with the interim CEO role, and the company states there are no family relationships, related‑party transactions or special arrangements tied to his appointment.
Brett Widney Hoge and related entities filed an amended Schedule 13D reporting their investment in Newton Golf Company, Inc. Mr. Hoge beneficially owns 320,873 shares of common stock, representing 6.7% of the company, including stock options and warrants exercisable within 60 days.
The Brett Widney Hoge Revocable Trust dated July 7, 2014 beneficially owns 50,000 warrant shares, or 1.0% of the common stock, and RGH & BRH LLC beneficially owns 20,000 warrant shares, or 0.4%. These percentages are based on 4,752,463 shares of common stock outstanding as of November 18, 2025.
The filing also describes a March 16, 2026 private placement in which the issuer sold unsecured convertible promissory notes with an aggregate principal amount of $500,000, bearing interest at 10% per year, and common stock warrants to purchase up to 50,000 shares at an exercise price of $1.75 per share to the reporting persons.
Newton Golf Company, Inc. director Hoge Brett Widney reported awards of derivative securities tied to the company’s common stock. Two entities associated with him received warrants to buy a total of 50,000 shares at an exercise price of $1.7500 per share, exercisable from March 16, 2026 until March 16, 2031.
An LLC received warrants for 20,000 underlying shares, and the Brett Widney Hoge Revocable Trust dated July 7, 2014 received warrants for 30,000 underlying shares. These are compensation-type grants with no open-market purchases or sales of common stock reported in this filing, and the holdings are reported as indirect ownership through those entities.