Newton Golf Faces Delisting Notice
Ticker: NWTG · Form: 8-K · Filed: Apr 17, 2025 · CIK: 1934245
Sentiment: bearish
Topics: delisting, listing-standards, corporate-action
TL;DR
Newton Golf got a delisting warning from the exchange.
AI Summary
Newton Golf Company, Inc. filed an 8-K on April 17, 2025, reporting a notice of delisting or failure to satisfy continued listing rules as of April 14, 2025. The company was formerly known as Sacks Parente Golf, Inc. and changed its name on June 16, 2022. The filing indicates potential issues with its stock exchange listing.
Why It Matters
This filing signals potential financial distress or non-compliance with exchange rules, which could lead to the stock being delisted, impacting liquidity and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards is a significant red flag for investors, indicating potential severe financial or operational issues.
Key Players & Entities
- Newton Golf Company, Inc. (company) — Registrant
- Sacks Parente Golf, Inc. (company) — Former company name
- April 14, 2025 (date) — Earliest event date
- April 17, 2025 (date) — Filing date
- June 16, 2022 (date) — Date of name change
FAQ
What specific listing rule or standard has Newton Golf Company, Inc. failed to satisfy?
The filing does not specify the exact rule or standard that Newton Golf Company, Inc. has failed to satisfy, 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 event triggering this 8-K filing?
The earliest event reported in this filing occurred on April 14, 2025.
When did Newton Golf Company, Inc. change its name from Sacks Parente Golf, Inc.?
The company changed its name from Sacks Parente Golf, Inc. on June 16, 2022.
What is the principal executive office address for Newton Golf Company, Inc.?
The principal executive offices are located at 551 Calle San Pablo, Camarillo, CA 93012.
What is the Commission File Number for Newton Golf Company, Inc.?
The Commission File Number for Newton Golf Company, Inc. is 001-41701.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on April 17, 2025 regarding Newton Golf Company, Inc. (NWTG).