Newton Golf secures $8.4M in public offering
Camarillo-based Newton Golf, formerly known as Sacks Parente Golf, announced Dec. 14 that the company generated approximately $8.4 million, before deducting underwriting fees and other estimated offering expenses payable by the firm during its underwritten public offering.
The offering, which closed on Dec. 13, consisted of seven million common units with the public offering price per common unit at $1.20.
Aegis Capital Corp. acted as the sole book-running manager for the offering. TroyGould acted as counsel to the Company.
Kaufman & Canoles, P.C. acted as counsel to Aegis Capital Corp.
