Sacks Parente Golf Faces Delisting Concerns
Ticker: NWTG · Form: 8-K · Filed: Jun 5, 2024 · CIK: 1934245
| Field | Detail |
|---|---|
| Company | Sacks Parente Golf, INC. (NWTG) |
| Form Type | 8-K |
| Filed Date | Jun 5, 2024 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $1.00 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-standards, regulatory-filing
Related Tickers: SPGC
TL;DR
SPGC might get delisted - big trouble for the stock.
AI Summary
Sacks Parente Golf, Inc. filed an 8-K on June 4, 2024, to report a notice of delisting or failure to satisfy a continued listing rule. The company is based in Camarillo, CA, and its telephone number is 855-774-7888.
Why It Matters
This filing indicates potential issues with Sacks Parente Golf's continued listing on an exchange, which could impact its stock trading and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards is a significant negative event that can lead to severe stock price declines and reduced liquidity.
Key Players & Entities
- Sacks Parente Golf, Inc. (company) — Registrant
- June 4, 2024 (date) — Date of earliest event reported
- Camarillo, CA (location) — Principal executive offices
- 855-774-7888 (phone_number) — Registrant's telephone number
FAQ
What specific listing rule or standard has Sacks Parente Golf, Inc. failed to satisfy?
The filing does not specify the exact rule or standard that has not been met, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.
What is the exact date of the earliest event reported in this 8-K filing?
The earliest event reported is dated June 4, 2024.
What is the principal executive office address for Sacks Parente Golf, Inc.?
The principal executive offices are located at 551 Calle San Pablo, Camarillo, CA 93012.
What is the telephone number for Sacks Parente Golf, Inc.?
The registrant's telephone number is 855-774-7888.
What is the Commission File Number for Sacks Parente Golf, Inc.?
The Commission File Number for Sacks Parente Golf, Inc. is 001-41701.
Filing Stats: 605 words · 2 min read · ~2 pages · Grade level 14 · Accepted 2024-06-05 08:15:21
Key Financial Figures
- $0.01 — ch registered Common stock, par value $0.01 per share SPGC The Nasdaq Stock Mar
- $1.00 — common stock remained below the minimum $1.00 per share requirement for continued inc
Filing Documents
- form8-k.htm (8-K) — 33KB
- 0001493152-24-022646.txt ( ) — 202KB
- spgc-20240604.xsd (EX-101.SCH) — 3KB
- spgc-20240604_lab.xml (EX-101.LAB) — 34KB
- spgc-20240604_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 5, 2024 SACKS PARENTE GOLF, INC. By: /s/ Steve Handy Steve Handy Chief Financial Officer