The Nasdaq Stock Market notified Newton Golf Company that it failed to demonstrate compliance with the minimum $2,500,000 in stockholders’ equity required for continued listing. Unless an appeal is filed by October 13, 2026, trading will be suspended on October 15, 2026, and delisting proceedings initiated. The company intends to request a hearing before the Nasdaq Hearings Panel to stay the suspension pending a decision. Newton Golf Company manufactures and sells golf equipment.
