Newton Golf prices 215,079-share private placement at USD 1.26, raising USD 271,000
NWTG•Registration rights terms
A resale registration statement is due within 45 days of each tranche closing under the registration rights agreement.
Total proceeds and structure
Total gross proceeds so far reached USD 1.27 million, following a USD 1 million first tranche that closed Aug. 14, 2026.
The placement is structured in tranches for up to USD 5 million in aggregate gross proceeds.
Second-tranche private placement closed
Newton Golf closed a second-tranche private placement on Sept. 15, 2026, selling 215,079 common shares at USD 1.26.
Gross proceeds totaled USD 271,000 from a new investor added to the Aug. 14, 2026 securities purchase agreement.
