Business Context and Reporting Period
This Form 8-K was filed by Newton Golf Company, Inc. (formerly Sacks Parente Golf, Inc.) on October 28, 2025. The filing reports corporate governance amendments effective immediately as of the report date.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate bylaw amendments and does not contain financial performance data.
Material Changes
- Corporate Name Change: The Company's Bylaws were amended to reflect the official name change from "Sacks Parente Golf, Inc." to "Newton Golf Company, Inc."
- Quorum Reduction: The quorum required to hold a meeting of stockholders was reduced to one-third of the Company's capital stock issued and outstanding and entitled to vote (present in person, by remote communication, or by proxy).
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document is limited to the procedural update of the Company's Bylaws.
Key Facts for Investor Verification
- Verify the effective date of the name change and its impact on trading symbols or market data (Symbol: NWTG).
- Review the attached Exhibit 3.1 (Amended and Restated Bylaws) to confirm the full text of the quorum reduction.
- Confirm that the reduction in quorum requirements aligns with the Company's strategic goals for shareholder meeting efficiency.