Newton Golf Company Regains Nasdaq Compliance After Meeting Stockholders' Equity Requirements

Reuters

05-28

Newton Golf Company Regains Nasdaq Compliance After Meeting Stockholders' Equity Requirements

CAMARILLO, Calif., May 28, 2025 - Newton Golf Company $(NWTG)$, a technology-driven golf shaft manufacturer, has announced the resolution of a regulatory compliance issue with The Nasdaq Stock Market LLC. The company received formal notice confirming it has regained compliance with Nasdaq Listing Rule 5550(b)(1), which mandates a minimum of $2.5 million in stockholders' equity for continued listing on the Nasdaq Capital Market. This follows Newton Golf's filing of its Form 10-Q for Q1 2025, reporting $6.2 million in stockholders' equity. As a result, the compliance matter initiated on April 14, 2025, has been closed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newton Golf Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9458904-en) on May 28, 2025, and is solely responsible for the information contained therein.

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ID: GNW9458904-en) on May 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2210150020.SGD","symbol_name":"Natixis Thematics Subscription Economy R/A SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250528:nNDLq71bX:1","article_id":"2538942013","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2538942013","pubTimestamp":1748430014,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CAMARILLO, Calif., May 28, 2025 - Newton Golf Company , a technology-driven golf shaft manufacturer, has announced the resolution of a regulatory compliance issue with The Nasdaq Stock Market LLC. 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