Newton Golf regains compliance with Nasdaq listing requirements

Newton Golf (NWTG) Company announced that it has received formal notice from The Nasdaq Stock Market confirming that the company has regained compliance with Nasdaq Listing Rule 5550(b)(1), which requires a minimum of $2.5 million in stockholders’ equity for continued listing on the Nasdaq Capital Market. The confirmation from Nasdaq follows Newton Golf’s filing of its Form 10-Q for the quarter ended March 31, 2025, which reported stockholders’ equity of $6.2 million. As a result, Nasdaq has closed the compliance matter originally raised on April 14, 2025. “We are pleased to have resolved this matter and to remain in full compliance with Nasdaq’s continued listing requirements,” said Greg Campbell, Executive Chairman of Newton Golf Company. “Our strong balance sheet reflects the underlying momentum in our business and the investor confidence we continue to earn through performance and transparency.”