Newton Golf Company (NWTG) Regains Nasdaq Compliance
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Newton Golf Company (NASDAQ: NWTG) Regains Compliance with Nasdaq Listing Requirements
May 28, 2025 7:00 AM EDTCAMARILLO, Calif., May 28, 2025 (GLOBE NEWSWIRE) -- via IBN Newton Golf Company, Inc. (NASDAQ: NWTG), a technology-driven golf shaft manufacturer, today announced that it has received formal notice from The Nasdaq Stock Market LLC (Nasdaq) confirming that the company has regained compliance with Nasdaq Listing Rule 5550(b)(1), which requires a minimum of $2.5 million in stockholders equity for continued listing on the Nasdaq Capital Market.
The confirmation from Nasdaq follows Newton Golfs filing of its Form 10-Q for the quarter ended March 31, 2025, which reported stockholders equity of $6.2 million. As a result, Nasdaq has closed the compliance matter originally... More
