# Newton Golf Company, Inc. (NWTG) — capital_raise/atm_program [completed]
Source: SEC API (secapi.ai) · situation sit_8da13de984085df92151 · retrieved 2026-08-11T15:50:22.119Z

## Overview
Newton Golf Company manufactures golf equipment and related products.

On July 1, 2026, Newton Golf Company, Inc. entered into a Loan and Security Agreement with Brynnwood, LLLP providing a senior secured revolving credit facility of up to $5,000,000. The facility matures on July 1, 2028 (two years from the effective date). Borrowings bear interest at Daily Simple SOFR plus 13%, with a default rate of 22% per annum. The Company paid a one-time commitment fee of 2.0% of the revolving line upon the effective date. The facility is secured by a first priority security interest in substantially all of the Company's assets.

## Terms
- Counterparty: Brynnwood, LLLP · Deal value: $5.0M · Consideration: cash

## Key dates
- Expiry 2028-07-01 · Expected close 2026-07-01 · Completed 2026-07-08

## Timeline
- 2026-07-08 · 8-K (0001493152-26-032498): Newton Golf secures $5M revolving credit facility from Brynnwood; matures July 2028 — *Newton Golf Company manufactures golf equipment and related products.* On July 1, 2026, Newton Golf Company, Inc. entered into a Loan and Security Agreement with Brynnwood, LLLP providing a senior secured revolving credit facility of up to $5,000,000. The facility matures on July 1, 2028 (two years from the effective date). Borrowings bear interest at Daily Simple SOFR plus 13%, with a default rate of 22% per annum. The Company paid a one-time commitment fee of 2.0% of the revolving line upon the effective date. The facility is secured by a first priority security interest in substantially all of the Company's assets.
  https://www.sec.gov/Archives/edgar/data/1934245/0001493152-26-032498.txt

## Citations
- 0001493152-26-032498 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000149315226032498