Sacks Parente Golf, Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Gregor Campbell
- Full Time Employees
- 18
- Sector
- Consumer Cyclical
- Industry
- Leisure
- Address
- 551 Calle San Pablo Camarillo CA United States of America 93012
- IPO Date
- Aug 15, 2023
- CIK
- 0001934245
- Website
- sacksparente.com
- Similar Companies
- Business
- Sacks Parente Golf, Inc. (Nasdaq: SPGC), formerly known as Sacks Parente Golf Company, LLC until its conversion to a corporation in March 2022, designs, manufactures, assembles and sells technology-forward golf products including premium putters under the SPG brand featuring patented Ultra-Low Balance Point (ULBP) technology, weight-forward center-of-gravity design and high moment of inertia stability; Newton Motion carbon fiber shafts such as driver, fairway wood and hybrid replacement models with elongated bend profile, kinetic storage construction, Newton Symmetry360 and variable bend profile technologies utilizing a DOT flex system from one to six dots; proprietary golf grips incorporating nano cellular technology; and other golf-related accessories. The company, founded in 2018 and headquartered in Camarillo, California, with manufacturing, assembly, warehousing and distribution in St. Joseph, Missouri, and research and development at headquarters, operates in the leisure products industry serving amateur and professional golfers through e-commerce websites, resellers, distributors, pro-shops, sporting goods retailers, Club Champion fittings and corporate customizations in the Americas, Asia including Japan and South Korea, Latin America and Europe. Recent developments include the launch of Newton Motion driver shafts in November 2023 and fairway wood shafts in April 2024; a distributor agreement with Greater Asia Golf Promotions Limited for Asian market expansion excluding Japan and Korea; an upsized $8.4 million underwritten public offering closing in December 2024 raising net proceeds of approximately $7.68 million; appointment of Ryan Stearns as Chief Financial Officer in January 2025; announcement of a new line of Newton shafts showcased at the 2025 PGA Show; and a $1 million share repurchase authorization approved in February 2025 effective through January 2026, alongside preliminary 2024 full-year revenue guidance of $3.4-3.6 million reflecting nearly tenfold growth from 2023. In March 2025, the company rebranded to Newton Golf Company with a 1-for-30 reverse stock split, adopting the ticker NWTG effective March 17, 2025, to emphasize its physics-based innovations while retaining core product lines under Newton Gravity for putters and Newton Motion for shafts.
Newton Golf Company Announces Name Change and 1-for-30 Reverse Stock Split
Newton Golf Company Announces Name Change and 1-for-30 Reverse Stock Split
NEWTON GOLF Announces $1 Million Share Repurchase Authorization
NEWTON GOLF Company Provides Preliminary Financial Results for Fourth Quarter 2024 and Full Year 2024
NEWTON GOLF to Present at the DealFlow Events MicroCap Conference
NEWTON GOLF Company Appoints Ryan Stearns as Chief Financial Officer
Aegis Capital Corp. Acted as Sole Bookrunner on an Upsized $8.4 Million Underwritten Public Offering for Sacks Parente Golf, Inc. (NASDAQ: SPGC)
Sacks Parente Golf, Inc. Announces Closing of Upsized $8.4 Million Underwritten Public Offering
Sacks Parente Golf, Inc. Announces Pricing of Upsized $8.4 Million Underwritten Public Offering
NEWTON GOLF to Present at the Winter 2024 Investor Summit
NEWTON GOLF Company Reports Third Quarter 2024 Financial Results
NEWTON GOLF Company Provides Preliminary Financial Results for Third Quarter of 2024
NEWTON GOLF to Present at the LD Micro Main Event XVII
NEWTON GOLF Company Expands its Global Presence with the Launch of Newton Motion Shafts in Japan
Sacks Parente Golf Inc. Announces Closing of $732,000 Underwritten Public Offering of Shares of Common Stock
Sacks Parente Golf Inc. Announces Pricing of $732,000 Underwritten Public Offering of Shares of Common Stock
NEWTON GOLF Company Introduces Advanced Newton Motion Shafts for Golfers with High Swing Speeds
NEWTON GOLF Introduces New Gravity Putter Line, Building on Momentum from Recent Rebranding
Sacks Parente Golf Appoints Doug Samuelson as Chief Financial Officer
Sacks Parente Golf Announces Strategic Corporate Rebranding