[SCHEDULE 13G] Newton Golf Company, Inc. Passive Investment Disclosure (>5%)
Newton Golf investors report 9.9% ownership stake
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 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.
Positive
None.
Negative
None.
Key Figures
Beneficial ownership:9.9%Shares outstanding:4,592,063 sharesDirect common shares:200,000 shares+4 more
7 metrics
Beneficial ownership9.9%Reported by each of Dennis and Cheryl Bhaskaran for Newton Golf common stock
Shares outstanding4,592,063 sharesIssuer's common stock outstanding as of May 11, 2026
Direct common shares200,000 sharesCommon stock held directly with sole voting and dispositive power by Dennis Bhaskaran
Jointly held common shares15,000 sharesCommon stock held jointly by Dennis and Cheryl Bhaskaran
Warrant shares50,000 sharesCommon stock issuable upon exercise of warrants held by the Bhaskaran trust
Preferred conversion shares529,747 sharesCommon stock issuable upon conversion of Series A Preferred Stock held by the trust
Beneficial ownership blocker9.99%Threshold above which warrants and preferred stock cannot be exercised or converted
Key Terms
beneficial ownership blocker, dispositive power, Series A Preferred Stock, CUSIP Number
4 terms
beneficial ownership blockerregulatory
"The Warrants and Preferred Stock reflected on the cover pages are each subject to a 9.99% Blocker"
A beneficial ownership blocker is a legal or structural device that prevents a shareholder from being treated as the ultimate owner of enough shares to trigger control, reporting, or voting thresholds. Think of it like a speed bump that stops an investor from reaching a stake size that would force corporate disclosure or change control rights. Investors care because it affects who controls the company, how shares vote, regulatory filings, takeover risk and therefore potential value or liquidity of their holdings.
dispositive powerfinancial
"Sole Dispositive Power 200,000.00 8 | Shared Dispositive Power 544,748.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Series A Preferred Stockfinancial
"529,747 shares of common stock issuable upon the conversion of Series A Preferred Stock held the Trust"
Series A preferred stock is a type of ownership share in a company that gives investors certain advantages, such as priority in receiving profits or getting their money back if the company is sold or goes bankrupt. It is often issued during early funding stages to attract investors by offering more security than common shares. This stock matters to investors because it provides a safer way to invest while still holding potential for future gains.
CUSIP Numberfinancial
"Title of class of securities: Common Stock (e) | CUSIP Number(s): 78577G301"
A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Newton Golf (NWTG) does Dennis and Cheryl Bhaskaran beneficially own?
Dennis and Cheryl Bhaskaran each report 9.9% beneficial ownership of Newton Golf common stock. This percentage is calculated using 4,592,063 shares outstanding as of May 11, 2026, and takes into account a beneficial ownership blocker on certain convertible and exercisable securities.
How many Newton Golf (NWTG) shares does Dennis Bhaskaran hold directly?
Dennis Bhaskaran holds 200,000 Newton Golf common shares directly with sole voting and dispositive power. He also shares voting and dispositive power over additional shares held jointly and through a trust, including stock issuable from warrants and Series A Preferred Stock subject to a beneficial ownership blocker.
What securities linked to Newton Golf (NWTG) are held through the Bhaskaran trust?
Through a trust, the Bhasakarans have shared power over 50,000 Newton Golf shares issuable on warrant exercise and 529,747 shares issuable upon conversion of Series A Preferred Stock. These instruments are restricted by a beneficial ownership blocker that caps post-conversion holdings as a percentage of outstanding stock.
What is the beneficial ownership blocker described for Newton Golf (NWTG)?
The warrants and Series A Preferred Stock are each subject to a 9.99% beneficial ownership blocker. This provision prevents exercise or conversion if, after the transaction, the reporting person’s beneficial ownership would exceed 9.99% of Newton Golf’s outstanding common stock under Section 13(d) calculations.
On what share count is the 9.9% Newton Golf (NWTG) ownership figure based?
The reported 9.9% beneficial ownership is based on 4,592,063 Newton Golf common shares outstanding as of May 11, 2026. That outstanding share number comes from the company’s Quarterly Report for that date and is used to calculate each reporting person’s ownership percentage.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Newton Golf Company, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
78577G301
(CUSIP Number)
07/08/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
78577G301
1
Names of Reporting Persons
Bhaskaran Dennis
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
200,000.00
6
Shared Voting Power
544,748.00
7
Sole Dispositive Power
200,000.00
8
Shared Dispositive Power
544,748.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
744,747.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.9 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The shares over which Mr. Bhaskaran has sole voting and dispositive power consist of 200,000 shares of common stock held directly. Mr. Bhaskaran also has shared voting and dispositive power of (i) 15,000 shares of common stock held jointly with Cheryl Bhaskaran, Mr. Bhaskaran's spouse, (ii) 50,000 shares of common stock issuable upon the exercise of warrants (the "Warrants") held by Dennis K. Bhaskaran & Cheryl A. Bhaskaran TTEES of the Dennis and Cheryl Bhaskaran TR U/A Dated 11/06/2014 (the "Trust"), of which Mr. Bkaskaran is a trustee, and (ii) 529,747 shares of common stock issuable upon the conversion of Series A Preferred Stock held the Trust (the "Preferred Shares"). As described in Item 4(a) below, the Warrants and Preferred Shares are subject to a 9.9% beneficial ownership blocker.
The ownership percentage is based upon 4,592,063 shares of the issuer's common stock outstanding as of May 11, 2026, as reported in the issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 14, 2026 and reflects the 9.9% beneficial ownership blocker.
SCHEDULE 13G
CUSIP Number(s):
78577G301
1
Names of Reporting Persons
Cheryl Bhaskaran
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
544,747.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
544,747.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
544,747.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.9 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The shares over which Cheryl Bhaskaran has shared voting and dispositive power consist of (i) 15,000 shares of common stock held jointly with Dennis Bhaskaran, Ms. Bhaskaran's spouse, (ii) 50,000 shares of common stock issuable upon the exercise of Warrants held by the Trust, of which Ms. Bhaskaran is a trustee and (ii) 529,747 shares of common stock issuable upon the conversion of Preferred Shares held the Trust. As described in Item 4(a) below, the Warrants and Preferred Shares are subject to a 9.9% beneficial ownership blocker.
The ownership percentage is based upon 4,592,063 shares of the issuer's common stock outstanding as of May 11, 2026, as reported in the issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 14, 2026 and reflects the 9.9% beneficial ownership blocker.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Newton Golf Company, Inc.
(b)
Address of issuer's principal executive offices:
551 Calle San Pablo, Camarillo, California 93012
Item 2.
(a)
Name of person filing:
This statement is being filed by Dennis Bhaskaran and Cheryl Bhaskaran
The foregoing persons are sometimes referred to as the "Reporting Persons."
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is 964 Wildwood Lane NW, Grand Rapids, MI 49534.
(c)
Citizenship:
Each Reporting Person is a citizen of the United States.
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
78577G301
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information requried by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
The Warrants and Preferred Stock reflected on the cover pages are each subject to a 9.99% Blocker whereby they are not exercisable or convertible, as applicable, to the extent that following such exercise or conversion, taking into account all other shares of Common Stock beneficially owned by the Reporting Person, the Reporting Person would beneficially own in excess of 9.99% of the Company's outstanding Common Stock, as calculated in a manner consistent with the provisions of Section 13(d) of the Securities Exchange Act of 1934 and the rules and regulations promulgated thereunder.
(b)
Percent of class:
9.9% based upon an 4,592,063 shares of the issuer's common stock outstanding as of May 11, 2026, as reported in the issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 14, 2026 and reflects the 9.9% beneficial ownership blocker..
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Bhaskaran Dennis
Signature:
/s/ Dennis Bhaskaran
Name/Title:
Dennis Bhaskaran
Date:
07/15/2026
Cheryl Bhaskaran
Signature:
/s/ Cheryl Bhaskaran
Name/Title:
Cheryl Bhaskaran
Date:
07/15/2026
Exhibit Information
Please see Exhibit 99.1 for Joint Filing Agreement