Monitor the Nasdaq Hearings Panel decision timeline and any capital raise or reverse-split announcement that could restore stockholders' equity above $2.5M. If the appeal is denied, the stock will trade OTC with significantly reduced liquidity.
Price Chart
Executive Summary
Newton Golf Company received a final Staff Determination from Nasdaq on October 6, 2026, stating it has not demonstrated compliance with the $2.5 million minimum stockholders' equity requirement (Listing Rule 5550(b)(1)). Trading will be suspended on October 15, 2026, unless the company appeals by October 13, 2026. The company intends to appeal to a Nasdaq Hearings Panel, but there is no assurance of continued listing.
Key Facts
- Nasdaq Staff Determination received October 6, 2026 for non-compliance with $2,500,000 minimum stockholders' equity requirement (Listing Rule 5550(b)(1))
- Trading suspension set for October 15, 2026 unless appeal requested by October 13, 2026
- Company intends to timely request a hearing before a Nasdaq Hearings Panel to appeal the determination
- Company previously received deficiency letter on April 6, 2026 and submitted compliance plans on May 21, 2026 and August 20, 2026
- No assurance that the Panel will grant continued listing or that the company can regain compliance
Financial Impact
Potential delisting from Nasdaq Capital Market — severely reduces institutional ownership and liquidity; no dollar amount specified in filing
Risk Factors
- Nasdaq Hearings Panel may deny continued listing request
- Company may be unable to complete remedial actions to regain compliance with stockholders' equity requirement
- Delisting would trigger a Form 25-NSE filing and removal from Nasdaq, severely limiting trading liquidity and institutional ownership
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-046740 |
| Document: 0001493152-26-046740-index-headers.html | 0001493152-26-046740 |
| Document: 0001493152-26-046740-index.html | 0001493152-26-046740 |
| Document: 0001493152-26-046740.txt | 0001493152-26-046740 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 14d ago | 8-K | $0.8601 | awaiting T+20 | — | $1.13 (−31.38%) |
Sep 24, 2026 4w ago | 8-K | $0.9630 $0.9160 | ▲ +4.88% | ▲ +4.46% | $1.13 (−17.34%) |
Jul 9, 2026 15w ago | 8-K | $0.7820 $1.06 | ▲ +35.55% | ▲ +33.31% | $1.13 (+44.50%) |
Jul 2, 2026 16w ago | 8-K | $0.8200 $1.05 | ▼ −28.05% | ▼ −28.46% | $1.13 (−37.80%) |
Jun 8, 2026 20w ago | 8-K | $0.9950 $0.8000 | ▲ +19.60% | ▲ +21.04% | $1.13 (−13.57%) |
May 20, 2026 22w ago | 8-K | $0.9500 $1.03 | ▲ +8.42% | ▲ +7.68% | $1.13 (+18.95%) |
Apr 13, 2026 28w ago | 8-K | $1.39 $1.13 | ▲ +18.70% | ▲ +25.00% | $1.13 (+18.71%) |
Apr 9, 2026 28w ago | 8-K | $1.37 $1.23 | ▲ +10.22% | ▲ +17.79% | $1.13 (+17.52%) |
US Market Status
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