Financing ·
Newton Golf raises $271K in second tranche of private placement, bringing total proceeds to $1.27M
NWTGNewton Golf Company, Inc.
On September 15, 2026, Newton Golf Company closed a second tranche of its private placement, raising $271,000 in aggregate gross proceeds. The investor purchased 215,079 shares at $1.26 per share under the Securities Purchase Agreement dated August 14, 2026. This follows an initial tranche closed on August 14, 2026, which raised $1,000,000. The total offering size is up to $5,000,000. The investor also entered a Registration Rights Agreement requiring the company to file a registration statement within 45 days and seek effectiveness within 90 days. Newton Golf Company manufactures golf equipment.