Newton Golf Company exchanged Series A Common Warrants for common stock under agreements dated September 21-22, 2026. The company issued 232,202 shares to repurchase warrants exercisable for 749,999 shares. The conversion price was calculated as $0.35 multiplied by the underlying warrant shares, divided by the lower of the Nasdaq closing price or five-day average. Holders received a 10% pro rata purchase option for future offerings, excluding exempt issuances and at-the-market sales. Newton Golf Company operates in the sports equipment industry, specifically manufacturing golf training aids.
