{"filing":{"accession_number":"0001493152-26-032613","cik":"0001934245","ticker":"NWTG","company_name":"Newton Golf Company, Inc.","form":"8-K","filing_date":"2026-07-09","report_date":null,"primary_document":"form8-k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1934245/000149315226032613/form8-k.htm"},"events":[{"id":17243,"run_id":15429,"accession_number":"0001493152-26-032613","anchor_item_number":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"summary":"Newton Golf Company exchanged approximately $2.3 million of existing convertible promissory notes for 24,092.61 shares of newly designated Series A Convertible Preferred Stock on July 6, 2026. The Series A Preferred Stock is convertible into Common Stock at $1.00 per share, with forced conversion rights if the stock price reaches $3.00 for 10 consecutive trading days. This represents a dilutive equity issuance that increases the company's share count and potential dilution to existing shareholders, characteristic of a debt-for-equity exchange that raises no new cash but restructures existing obligations into equity form.","company_name":"Newton Golf Company, Inc.","ticker":"NWTG","filing_date":"2026-07-09","form":"8-K","submitted_at":null,"items":null}],"classifications":[{"id":15615,"accession_number":"0001493152-26-032613","item_number":null,"item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Newton Golf Company exchanged approximately $2.3 million of existing convertible promissory notes for 24,092.61 shares of newly designated Series A Convertible Preferred Stock on July 6, 2026. The Series A Preferred Stock is convertible into Common Stock at $1.00 per share, with forced conversion rights if the stock price reaches $3.00 for 10 consecutive trading days. This represents a dilutive equity issuance that increases the company's share count and potential dilution to existing shareholders, characteristic of a debt-for-equity exchange that raises no new cash but restructures existing obligations into equity form.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T13:06:44.032229+00:00","company_name":"Newton Golf Company, Inc.","ticker":"NWTG","filing_date":"2026-07-09"}]}