Sacks Parente Golf announces name change, 1-for-30 reverse stock split

Newton Golf (NWTG) announces that it has officially changed its corporate name from Sacks Parente Golf (SPGC) to Newton Golf Company to better reflect its commitment to revolutionizing golf through advanced physics and precision engineering. In addition, the Company’s Board of Directors has approved a 1-for-30 reverse stock split, which is expected to take effect at the opening of trading on March 17, 2025. Effective that same day, the Company’s common stock will begin trading on a split-adjusted basis under the new ticker symbol “NWTG” on the Nasdaq Capital Market.