Newton Golf Company, Inc. (NWTG) Form 8-K — Oct 13, 2026
Newton Golf Company received a Nasdaq Staff Determination on October 6, 2026, stating it has not demonstrated compliance with the Listing Rule 5550(b)(1) requirement to maintain at least $2,500,000 in stockholders' equity. Unless the company requests an appeal by October 13, 2026, trading of its common stock will be suspended at the open on October 15, 2026, and a Form 25-NSE will be filed to remove the stock from Nasdaq listing and registration.
Key figures
- Appeal deadline
- October 13, 2026
- Deficiency letter date
- April 6, 2026
- Trading suspension date
- October 15, 2026
- Stockholders equity requirement
- $2,500,000
AI analysis
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