STOCK TITAN

Newton Golf (NWTG) director grows stake, joins $500,000 note and warrant deal

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.





If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
The shares over which Mr. Hoge has sole voting and dispositive power consist of (i) 270,373 shares of common stock held directly and (ii) 500 shares of common stock issuable upon the exercise of stock options within 60 days. Mr. Hoge also has shared voting and dispositive power of (i) 30,000 shares of common stock issuable upon the exercise of warrants held by the Brett Widney Hoge Revocable Trust dated July 7, 2014 within 60 days and (ii) 20,000 shares of common stock issuable upon the exercise of warrants held by RGH & BRH LLC within 60 days. The ownership percentage is based upon 4,752,463 shares of the issuer's common stock outstanding as of November 18, 2025, as reported in the issuer's definitive proxy statement filed with the Securities and Exchange Commission on November 21, 2025.


SCHEDULE 13D




Comment for Type of Reporting Person:
The shares over which the Brett Widney Hoge Revocable Trust dated July 7, 2014 have shared voting and dispositive power consist of (i) 30,000 shares of common stock issuable upon the exercise of warrants held by the Brett Widney Hoge Revocable Trust dated July 7, 2014 within 60 days and (ii) 20,000 shares of common stock issuable upon the exercise of warrants held by RGH & BRH LLC within 60 days. The ownership percentage is based upon 4,752,463 shares of the issuer's common stock outstanding as of November 18, 2025, as reported in the issuer's definitive proxy statement filed with the Securities and Exchange Commission on November 21, 2025.


SCHEDULE 13D




Comment for Type of Reporting Person:
The shares over which RGH & BRH LLC have shared voting and dispositive power consist of 20,000 shares of common stock issuable upon the exercise of warrants held by RGH & BRH LLC within 60 days. The ownership percentage is based upon 4,752,463 shares of the issuer's common stock outstanding as of November 18, 2025, as reported in the issuer's definitive proxy statement filed with the Securities and Exchange Commission on November 21, 2025.


SCHEDULE 13D


Brett Widney Hoge
Signature:/s/ Brett Hoge
Name/Title:Brett Hoge
Date:03/18/2025
Brett Widney Hoge Revocable Trust dated July 7, 2014
Signature:/s/ Brett Hoge
Name/Title:Brett Hoge, Trustee
Date:03/18/2025
RGH & BRH LLC
Signature:/s/ Brett Hoge
Name/Title:Brett Hoge, Managing Member
Date:03/18/2025

FAQ

What ownership stake does Brett Widney Hoge report in Newton Golf (NWTG)?

Brett Widney Hoge reports beneficial ownership of 320,873 shares of Newton Golf common stock, representing 6.7% of the company. This includes 270,373 shares held directly, 500 shares issuable upon stock option exercise, and 50,000 shares issuable upon exercise of warrants within 60 days.

How much of Newton Golf (NWTG) do the related trust and LLC own?

The Brett Widney Hoge Revocable Trust beneficially owns 50,000 shares issuable upon warrant exercise, or 1.0% of Newton Golf’s common stock. RGH & BRH LLC beneficially owns 20,000 warrant shares, equal to 0.4% of the common stock, based on 4,752,463 shares outstanding.

What are the key terms of the Newton Golf (NWTG) $500,000 private placement?

Newton Golf sold unsecured convertible promissory notes with an aggregate principal amount of $500,000 and warrants to purchase up to 50,000 shares at $1.75 per share. The notes mature 18 months after issuance, accrue 10% annual interest paid in kind, and are convertible into common stock at $1.60 per share.

How can the convertible notes issued by Newton Golf (NWTG) be converted into shares?

The notes are optionally convertible into common stock at a conversion price of $1.60 per share, subject to adjustments. On or during the 60 days before maturity, outstanding principal and unpaid interest convert into shares by dividing those amounts by the conversion price, rounded to whole shares.

What recent open-market purchases of Newton Golf (NWTG) stock did Brett Widney Hoge disclose?

Hoge disclosed several open-market purchases in November 2025: 83,000 shares at a weighted-average price of $1.0738 on November 18, 15,000 shares at $1.1647 on November 19, 4,000 shares at $1.1959 on November 20, and 20,000 shares at $1.2070 on November 21.

What influence might Brett Widney Hoge have at Newton Golf (NWTG)?

Hoge serves as a director of Newton Golf and holds a 6.7% beneficial ownership stake, giving him influence over corporate activities. The filing states he currently has no specific plans or proposals regarding major corporate actions, and holds his shares for investment purposes.
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