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Sacks Parente Rebrands As Newton Golf, Launches 1-For-30 Reverse Stock Split And New Ticker 'NWTG'

Author: Benzinga Newsdesk | March 11, 2025 06:52am

Company to trade under new ticker symbol "NWTG" on Nasdaq beginning March 17, 2025
Key Details of the Reverse Stock Split

Every 30 shares of issued and outstanding common stock will automatically convert into one share.
No fractional shares will be issued; instead, any fractional shares resulting from the reverse stock split will be rounded up to the nearest whole share.
The Company's common stock will continue to trade on Nasdaq under the ticker symbol "NWTG" with a new CUSIP number assigned upon implementation of the split.

Posted In: SPGC