Sacks Parente Golf, Inc. Announces Closing of Upsized $8.4 Million Underwritten Public Offering
Sacks Parente Golf, Inc. (SPGC)
Company Research
Source: GlobeNewswire
CAMARILLO, CA, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Sacks Parente Golf, Inc. (NASDAQ: SPGC) (the “Company”), a technology-forward golf company with a growing portfolio of golf products, including putters, golf shafts, golf grips, and other golf-related accessories, today announced the closing of its previously announced firm commitment underwritten public offering. Gross proceeds to the Company were approximately $8.4 million, before deducting underwriting fees and other estimated offering expenses payable by the Company. The offering closed on December 13, 2024. The offering consisted of 7,000,000 Common Units, each consisting of one (1) share of Common Stock, one (1) Series A Common Warrant to purchase one (1) share of Common Stock per warrant, and one (1) Series B Common Warrant to purchase one (1) share of Common Stock per warrant. The public offering price per Common Unit is $1.20. The initial exercise price of each Series A Common Warrant is $2.40 per share of Common Stock. The
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News
- Aegis Capital Corp. Acted as Sole Bookrunner on an Upsized $8.4 Million Underwritten Public Offering for Sacks Parente Golf, Inc. (NASDAQ: SPGC) [Yahoo! Finance]Yahoo! Finance
- Aegis Capital Corp. Acted as Sole Bookrunner on an Upsized $8.4 Million Underwritten Public Offering for Sacks Parente Golf, Inc. (NASDAQ: SPGC)Accesswire
- Sacks Parente Golf, Inc. Announces Pricing of Upsized $8.4 Million Underwritten Public OfferingGlobeNewswire
- NEWTON GOLF to Present at the Winter 2024 Investor SummitGlobeNewswire
- Sacks Parente Golf GAAP EPS of -$0.73 misses by $0.04, revenue of $1.21M beats by $0.37M Nov. 15, 2024 3:32 AM ET By: Pranav Ghumatkar , SA News Editor [Seeking Alpha]Seeking Alpha
SPGC
Sec Filings
- 12/18/24 - Form SCHEDULE
- 12/18/24 - Form 4
- 12/17/24 - Form 8-K
- SPGC's page on the SEC website