NASDAQ: NWTG

The
Company believes its technology-driven shaft platform and domestic manufacturing capabilities position it to scale production efficiently
as demand for premium performance golf equipment increases. Management believes the Company is in the early stages of scaling its Newton
shaft platform and that continued adoption by golfers, professional club fitters, and retail partners may support significant long-term
revenue growth.

Over
time, the Company may expand its product offerings through internal product development or strategic acquisitions of complementary golf-related
product lines or technologies. In addition, the Company may explore opportunities to collaborate with other golf equipment manufacturers
or industry partners where its shaft technologies and manufacturing capabilities may complement broader equipment platforms.

1

Historical
Development

The
Company was formed in March 2018 as Sacks Parente Golf, Inc., a Delaware corporation. In July 2018, the corporation converted from a corporation to a limited liability company. In March 2022,
the limited liability company converted back to a corporation. On March 17, 2025, the Company
changed its name to Newton Golf Company, Inc. Pursuant to the Company’s plan of conversion, on March 17, 2025, all
outstanding ownership interests in Sacks Parente Golf, Inc., and rights to receive such interests, were converted into and exchanged
for shares of capital stock of the newly formed Delaware corporation. The conversion has been retroactively reflected in the
accompanying financial statements for all periods presented.

Public
Offerings

On
August 14, 2023, the Company entered into an underwriting agreement with The Benchmark Company in connection with its initial public
offering. In the offering, the Company sold 10,667 shares of common stock at a price of $1,200 per share. The offering closed on
August 17, 2023, generating gross proceeds of approximately $11.6 million. The Company received net proceeds of approximately $11.0
million after deducting underwriting discounts, commissions, and offering expenses of approximately $565,000.

On
October 8, 2024, the Company entered into an underwriting agreement with Aegis Capital Corp. as sole underwriter for the sale of 12,200
shares of common stock at a public offering price of $60.00 per share. The offering closed on October 10, 2024, generating net proceeds
to the Company of approximately $467,000, after deducting underwriting discounts, commissions, and estimated offering expenses.

On
December 12, 2024, the Company entered into an underwriting agreement with Aegis Capital Corp. as sole underwriter for the sale of
233,333 common units (“Common Units”) of the Company each consisting of (i) one share of common stock, (ii) one Series A
common warrant of the Company (“Series A Warrant”), and (iii) one Series B common warrant of the Company (“Series
B Warrant”). The public offering price per Common Unit was $36.00. The Series A Warrants have an initial exercise price of
$72.00 per share, are exercisable following stockholder approval, and expire 60 months thereafter.

2

The
Series B Warrants have an initial exercise price of $72.00 per share or may be exercised pursuant to an alternative cashless exercise
feature, are exercisable following stockholder approval, and expire 30 months thereafter.

Reverse
Stock Splits

On
July 18, 2024, the Company filed a Certificate of Amendment to amend its Certificate of Incorporation with the Secretary of State of
Delaware to effect a 1-for-10 reverse stock split of the Company’s common stock (the “First Reverse Stock Split”).
The First Reverse Stock Split became effective at 12:01 a.m. Eastern Time on July 30, 2024, and the Company’s common stock
began trading on The Nasdaq Capital Market on a post-split basis under its existing trading symbol.

On
March 4, 2025, the Company filed a Certificate of Amendment to amend its Certificate of Incorporation with the Secretary of State of
Delaware to effect a 1-for-30 reverse stock split of the Company’s common stock (the “Second Reverse Stock
Split”). The Second Reverse Stock Split became effective at 12:01 a.m. Eastern Time on March 17, 2025, and the Company’s common stock began trading on The Nasdaq Capital Market on a post-split basis under its
existing trading symbol.

All
share amounts and per-share information presented in this Annual Report have been retroactively adjusted to reflect both reverse stock
splits for all periods presented.

No
fractional shares were issued in connection with the reverse stock splits, as all fractional shares were rounded up to the next whole
share.

Industry
Overview

The
global golf equipment industry includes golf clubs, shafts, balls, and related accessories sold through golf retailers, professional
club fitters, distributors, and direct-to-consumer channels. Industry reports estimate that the global golf equipment market is estimated to be
$8.55 billion in 2025 and is expected to grow at a mid-single-digit annual rate over the next several years.

Golf
participation increased significantly during the COVID-19 pandemic as the sport was widely viewed as a socially distanced outdoor activity.
Although the initial pandemic-driven surge has moderated, participation levels have remained elevated relative to historical levels,
and industry organizations have reported continued engagement among both new and returning golfers.

3

According to Grand View Research, in
addition to traditional golf participation, off-course golf experiences and indoor golf technologies have expanded opportunities for
consumers to engage with the sport. Golf entertainment venues such as Topgolf and the increasing availability of golf simulators and
indoor golf facilities allow consumers to participate in golf-related activities in non-traditional environments and in regions where
weather conditions may limit outdoor play during portions of the year.

The
golf equipment market is highly competitive and driven in part by product innovation, equipment fitting, and brand recognition among
professional golfers, club fitters, and retailers. Many golfers seek equipment designed to improve performance, including customized
clubs and high-performance components such as premium shafts.

International
markets represent an important component of the golf equipment industry. Countries such as Japan and South Korea have well-established
golf markets with strong demand for premium equipment, while other regions continue to experience increasing participation and investment
in golf-related infrastructure.

The
Company believes these industry trends, including increasing demand for premium equipment and the growing importance of professional
club fitting, support the long-term opportunity for technology-driven golf equipment manufacturers.

Product
Portfolio Characteristics

The
Company designs and develops golf equipment intended for golfers of all skill levels, from amateur to professional. The Company seeks
to design its products to conform to the Rules of Golf as established by the United States Golf Association (“USGA”) and
the R&A, the governing bodies responsible for establishing and interpreting the rules of golf equipment.

The
Company’s product development philosophy emphasizes the application of engineering principles and physics to golf equipment design.
Through research and development activities, the Company seeks to develop products that differentiate themselves through materials engineering,
weight distribution, and structural performance characteristics. The Company focuses its research and development efforts on composite
shaft technologies and other engineering-driven golf equipment innovations.

To
support product development, the Company utilizes computer-aided design software, finite element analysis tools, structural optimization
techniques, and various testing technologies. These include robotics, launch monitor systems, and other testing equipment used to evaluate
performance characteristics of golf equipment products.

Newton
Shafts

In
November 2023, the Company expanded its product portfolio through the introduction of the Newton Motion driver shaft, marking the Company’s
entry into the premium composite golf shaft market. In April 2024, the Company expanded its shaft product line with the introduction
of the Newton Motion fairway wood shaft. These products are manufactured at the Company’s shaft manufacturing facility in St. Joseph,
Missouri. The Company’s ability to manufacture composite shafts domestically allows it to control production processes and support
ongoing product development activities.

The
Newton shaft product family includes two primary driver shaft models: Motion and Fast Motion. The Fast Motion driver shaft was
introduced in 2025 and has become the Company’s best-selling shaft product. The Fast Motion driver shaft incorporates higher
modulus carbon fiber materials and lighter composite construction designed to reduce overall shaft weight while maintaining
structural stability. The Motion shaft utilizes a different composite construction intended to provide alternative performance
characteristics for golfers with varying swing profiles.

The
Newton Motion shafts utilize carbon fiber composite materials and proprietary shaft construction techniques designed to influence
key performance characteristics such as stability, energy transfer, and weight distribution during the golf swing. The Company
manufactures its shafts using proprietary mandrels and composite wrapping processes developed for the Newton Motion shaft product
line.

4

Unlike
many traditional shaft designs that are used across multiple club types, the Company develops shafts tailored to the performance characteristics
of specific clubs, including drivers, fairway woods, and hybrid clubs. The Company believes that shafts designed specifically for individual
club types may improve launch conditions, consistency, and overall club performance.

The
Newton Motion shaft product line also incorporates the Company’s proprietary “DOT” system, which replaces traditional
shaft flex designations with a numerical system ranging from one to seven dots. This system is intended to provide golfers with a more
precise method for selecting shaft stiffness and to allow golfers to match shaft characteristics across driver, fairway wood, and hybrid
clubs.

The
Company continues to expand the Newton Motion shaft product line through ongoing product development. During 2026, the Company
expects to introduce additional shaft products including a Fast Motion fairway wood shaft, Fast Motion hybrid shaft, and Motion
hybrid shaft as part of the continued expansion of the Newton Motion product family.

Golf
shafts play an important role in the club fitting process and are often selected independently of the golf club head. As a result, shaft
manufacturers frequently work closely with professional club fitters and golf retailers who recommend shaft products to golfers during
the fitting process. The Company believes that the growing adoption of its shaft products among golfers, professional club fitters, and
retailers may create additional opportunities to expand distribution of other Newton-branded golf equipment products over time.

The
Company’s shaft product development is supported by in-house engineering capabilities, including computer-aided design, structural
modeling, and product testing. These capabilities allow the Company to develop composite shaft designs using proprietary manufacturing
processes and specialized composite materials.

The
Company’s shafts are used by professional golfers across several professional tours, including the PGA TOUR Champions and other
international tours. The Company believes that professional adoption provides visibility for its products among golfers, club fitters,
and retailers.

Newton
Gravity Putters

The
Company also offers golf putting instruments marketed under the Newton Gravity brand. These products incorporate certain proprietary
design characteristics, including ultra-low balance point technology intended to influence the distribution of weight within the putter.

Ultra-low
balance point technology refers to a shaft balance point positioned closer to the putter head, which shifts the relative weight distribution
toward the head of the putter. The Company achieves this balance profile through the use of lightweight shaft and grip components rather
than increasing the mass of the putter head.

Gravity
putters are manufactured using a variety of materials, including steel, aluminum, carbon fiber, tungsten, magnesium components, and other
materials. These products incorporate proprietary face and shaft technologies intended to influence feel, weight distribution, and stroke
characteristics.

While
the Company continues to develop putter technologies, recent product development efforts and revenue growth have been primarily driven
by the expansion of the Newton Motion shaft product line.

Product
Expansion Opportunities

The
Company may from time to time evaluate opportunities to expand its product portfolio beyond its current golf shaft and putting instrument
product lines. Potential expansion opportunities may include additional golf equipment categories or technologies that support the golf
equipment ecosystem and complement the Company’s existing products, engineering capabilities, and distribution channels.

Such
opportunities may be pursued through internal product development, strategic partnerships, or the acquisition of complementary businesses.
Examples of potential opportunities could include golf equipment products, such as golf balls, or technologies that support equipment
performance, fitting, or training.

5

There
can be no assurance that the Company will pursue or complete any such expansion opportunities.

Manufacturing
and Distribution

The
Company maintains its headquarters and research and development facility in Camarillo, California, where certain product development
activities are performed. Putter head assembly was historically performed in Camarillo; however, in January 2024, the Company relocated
its primary golf club assembly operations to the St. Joseph, Missouri facility.

The
Company’s primary manufacturing, assembly, warehousing, and distribution operations are located in St. Joseph, Missouri,
which management believes provides greater control over product quality, engineering, and production processes. The facility supports the production of carbon fiber golf shafts, product assembly, inventory management, and order
fulfillment. Management
also believes that domestic manufacturing helps mitigate certain risks associated with global supply chain disruptions, tariffs, and
geopolitical trade uncertainties.

In
2023, the Company began manufacturing putter and replacement shafts using its proprietary mandrels and wrapping technology. In 2024,
the Company expanded its shaft product offerings to include driver wood and fairway wood replacement shafts.

The
Company’s golf club manufacturing and assembly processes are labor intensive and require coordination across multiple production
steps, including shaft manufacturing, component assembly, finishing, and quality control. The Company seeks to design, develop, and manufacture
as many of its products in the United States as is economically feasible.

The
Company’s St. Joseph manufacturing facility provides meaningful production capacity to support anticipated growth in shaft demand,
and management believes the facility can support significantly higher production volumes with modest operational improvements and incremental
equipment investments.

The
Company distributes its products primarily in the United States through direct-to-consumer and wholesale channels. Internationally, the
Company sells products through distribution partners, including relationships in Japan and South Korea, as well as through certain direct-to-consumer
e-commerce sales.

Raw
Material and Suppliers

The
Company’s golf shafts are manufactured using carbon fiber and prepreg materials, along with coatings, paints, inks, and other decorative
materials. Carbon fiber is a specialized composite material commonly used in the manufacture of advanced golf shafts due to its strength,
weight, and performance characteristics. Raw materials used in the production of the Company’s putters include various types of
steel and aluminum, as well as other metals such as tungsten and magnesium.

The
Company sources the majority of its raw materials and components from suppliers located in the United States, including suppliers of
carbon fiber materials used in the manufacture of its golf shafts. These materials include high-performance carbon fiber products manufactured
by suppliers such as Toray Composite Materials America, Inc. The Company manufactures its shafts in-house using carbon fiber materials
supplied by third parties.

Certain
components used in the assembly of the Company’s products, including grips and shaft tips, are sourced from third-party
suppliers located both in the United States and internationally, including Vietnam and China. Putter products are assembled from
components produced by suppliers in the United States and China, and certain components are produced using Computer Numerical Control (“CNC”)
machining performed by third-party manufacturers.

The
Company does not generally enter into long-term supply agreements and typically purchases raw materials and components on a purchase-order
basis. However, the Company maintains a blanket purchase order with one of its key suppliers that provides a committed supply allocation
for certain materials. While this arrangement provides some short-term supply assurance, it does not eliminate risks associated with
sourcing constraints or supplier concentration.

6

Some
raw materials and components may be available from a limited number of suppliers. The Company competes with other manufacturers for access
to these materials and production capacity. The Company periodically evaluates alternative suppliers and sourcing strategies in order
to reduce supply chain concentration risk. If the Company were unable to obtain necessary materials or components from existing suppliers
and could not identify alternative suppliers in a timely manner, its business, financial condition, and results of operations could be
adversely affected.

Markets

The
Company sells its products primarily in the United States, with additional international distribution in markets including Japan and
South Korea.

The
Company distributes its products through a combination of direct-to-consumer channels, including its e-commerce websites, as well as
through wholesale channels such as professional club fitters, pro shops at golf courses, golf retailers, online retailers, and third-party
distributors.

The
Company also works with professional club fitting organizations, including Club Champion, to make its products available to golfers through
custom fitting programs. The Company has also entered into a distribution relationship with Voice Caddie to distribute its products in
South Korea.

The
Company believes its expanding relationships with club fitters, retailers, and international distributors may provide opportunities to
increase the availability of its products in existing and new markets.

Customers

Our
customers include individual golfers as well as wholesale and retail customers, including professional club fitters, golf pro shops,
off-course golf retailers, sporting goods retailers, and third-party distributors. We also sell products directly to consumers through
our e-commerce platforms. Certain customers, including professional club fitting organizations such as Club Champion, purchase products
for resale through their club fitting and retail locations in the United States and internationally. No single customer accounted for more than 10% of our total revenue in 2025, and we do not depend on any single or
limited group of major customers for a majority of our revenues.

Advertising
and Marketing

The
Company conducts marketing activities to increase awareness of the Newton brand and its golf equipment products. Marketing efforts include
paid media advertising, digital and social media campaigns, participation in industry events, product placement and use by professional
golfers, and promotional activities with club fitters and golf retailers.

The
Company allocates a significant portion of its marketing resources to paid media advertising, including digital platforms, social media
channels, and golf-industry media outlets. Historically, the Company has utilized direct-to-consumer advertising through digital media,
television, and print publications within the golf industry. During 2025, the Company reallocated a greater portion of its direct-to-consumer
advertising toward promoting its Newton Motion shaft product line, which represents the Company’s primary revenue source.

The
Company maintains relationships with professional golfers and other industry personalities who use or promote their products in professional
competitions and other public settings. In some cases, the Company enters into agreements that provide compensation in exchange for name,
image, and likeness rights associated with athletes or influencers who promote the Company’s products.

The
Company also employs representatives who attend professional golf tournaments and industry events to support professional players, club
fitters, and retailers who use the Company’s products. In addition, the Company sponsors various golf-related events, including
competitions such as the World Long Drive Championship and charitable golf tournaments, which help increase visibility of the Newton
brand among golfers, industry participants, and consumers.

7

Competition

The
golf equipment industry is highly competitive. Companies compete based on product performance, technology, brand recognition, pricing,
customer service, and relationships with professional golfers, club fitters, and retailers.

In
the golf shaft category, the Company competes with manufacturers including Fujikura Ltd., Mitsubishi Chemical Group Corporation, Graphite
Design Inc., Nippon Shaft Co., Ltd., and Paderson Kinetixx, among others. Competition in the premium shaft market is driven in part by
technological innovation, performance characteristics, and adoption by professional golfers and club fitting professionals. The Company
believes that its technology-driven shaft designs and relationships within the professional club fitting community position it to compete
within the premium performance shaft segment of the market. The premium golf shaft market includes a number of specialized manufacturers,
and the Company competes within this segment through product innovation and performance-focused design.

In
the putter category, the Company’s Newton Gravity putters compete with products offered by major golf equipment manufacturers,
including Callaway Golf Company, TaylorMade Golf Company, Ping Inc., and brands owned by Acushnet Holdings Corp., such as Scotty Cameron
and Titleist.

Many
of these competitors have been in business significantly longer than the Company and have substantially greater financial, technical,
marketing, and distribution resources.

The
Company believes its technology-driven shaft design, domestic manufacturing capabilities, and focus on applied physics differentiate
Newton from many traditional golf equipment manufacturers that primarily compete through brand marketing and incremental product changes.

Intellectual
Property

The
Company’s intellectual property portfolio includes patents, trademarks, proprietary manufacturing processes, and other intellectual
property rights related to its golf equipment technologies and product designs.

The
Company seeks to protect its intellectual property through a combination of patent registrations, trademark registrations, trade secret
protections, and contractual arrangements. The Company also maintains proprietary manufacturing processes and design methodologies that
it believes provide competitive advantages in the development and production of its golf equipment products.

Certain
aspects of the Company’s composite shaft technologies, including manufacturing techniques, material configurations, and design
methodologies, are maintained as proprietary trade secrets rather than patented technologies in order to preserve confidentiality.

Patents
generally remain in effect for up to 20 years from the filing date of the patent application, subject to maintenance requirements. Trademarks
may remain in effect indefinitely provided that they continue to be used in commerce and applicable renewal requirements are satisfied.

Patents

The
Company holds a number of issued patents and patent rights relating to golf equipment technologies and product designs. These patents
primarily relate to certain putter technologies, including weight distribution features and clubhead components.

The
Company currently holds the following U.S. patents:

●
US
D874589 S (Series 18 design patent)

●
US
D874592 S (Series 54 design patent)

●
US
D867494 S (Series 39 design patent)

●
US
11,123,614 B2 (Magnesium Golf Clubhead Insert)

8

The
Company also holds intellectual property rights relating to its Ultra-Low Balance Point technology, which is protected through patents
and patent applications in multiple jurisdictions, including the U.S., Australia, Canada, China, Europe, Japan, South Korea, and South
Africa.,

The
Ultra-Low Balance Point patent rights described above were licensed to the Company by Parcks Designs, LLC on July 24, 2018. The license
granted to the Company is perpetual, worldwide, royalty-free, and exclusive aside from one additional licensee.

The
principals of Parcks Designs, LLC include Steve Sacks and Richard Parente.

On
May 25, 2022, the Company and Parcks Designs entered into a consulting agreement under which Parcks Designs provides club and shaft testing
and analysis, putter head design consulting, and related technical services. Consulting fees under this agreement were initially nominal
and increased to $2,000 per month beginning June 1, 2024.

On
August 7, 2018, Richard E. Parente and Steve Sacks assigned to the Company the entire worldwide right, title, and interest in and to
intellectual property relating to the Quad Weighted Lightweight Putter design.

Confidential
Information and Trade Secrets

The
Company relies in part on confidential information and trade secrets, including proprietary manufacturing processes, product design methodologies,
engineering know-how, and other technical information. The Company seeks to protect this proprietary information through a combination
of contractual obligations and internal policies.

Employees
generally enter into confidentiality agreements with the Company, and confidentiality provisions are included in certain consulting and
supplier agreements when those parties may have access to proprietary information. The Company also maintains internal procedures designed
to safeguard confidential information and trade secrets.

Certain
aspects of the Company’s composite shaft technologies, including manufacturing techniques, material configurations, and design
methodologies, are maintained as proprietary trade secrets rather than patented technologies in order to preserve confidentiality.

Trademarks

The
Company owns various trademarks and service marks used in connection with its golf equipment products and branding. These trademarks
are registered in the United States and certain international jurisdictions.

●
USPTO
Reg. No. 5,783,037 (Veni Vidi Vici)

●
USPTO
Reg No. 5,822,719 (Sacks Parente)

●
South
Korea Reg. No. 40-1820381 (Sacks Parente)

The
Company also uses various trademarks, trade names, and brand identifiers in connection with its products and marketing activities. These
include marks associated with the Company’s Newton-branded golf equipment products. The Company may seek trademark protection for
certain of these marks in the United States and other jurisdictions where appropriate.

Trademark
rights may continue indefinitely as long as the marks remain in use and registrations are properly maintained.

9

Domain
names and Online Presence

The
Company owns and maintains various domain names and online properties used in connection with its websites, investor relations
communications, and marketing activities, including www.newtongolf.com. The Company also maintains official social media accounts
used to communicate with customers, investors, and the broader golf community.

Government
Regulation

Our
operations are subject to various federal, state, local, and foreign laws and regulations applicable to businesses engaged in the design,
manufacture, marketing, and distribution of consumer sporting goods.

Our
golf equipment products are generally designed to conform to the Rules of Golf as established by the USGA
and the R&A, the governing bodies responsible for equipment standards used in competitive play. Although conformity with these rules
is not legally required, most golf equipment manufacturers design products to meet these standards because non-conforming equipment may
be restricted from use in sanctioned competitions.

In
addition, we are subject to laws and regulations relating to product safety, consumer protection, workplace health and safety, environmental
compliance, import and export controls, and other similar regulatory requirements. These laws include, among others, environmental regulations
governing the handling and disposal of certain materials used in manufacturing processes and workplace safety requirements administered
by federal and state agencies.

Our
operations are also subject to laws addressing anti-corruption and anti-bribery matters, including the U.S. Foreign Corrupt Practices
Act (“FCPA”), particularly with respect to our international operations and relationships with distributors and other business
partners.

We are subject to various data protection, privacy,
and cybersecurity laws and regulations applicable to companies that maintain websites, conduct e-commerce activities, and process personal
information. These laws include, among others, U.S. federal and state privacy laws such as the California Consumer Privacy Act, as amended
by the California Privacy Rights Act, as well as other emerging state privacy regimes, and may also include international data protection
laws to the extent we engage with customers outside the United States.

While we primarily rely on third-party service providers,
including e-commerce platforms and payment processors such as Shopify, Amazon, and Fortis, to process payment transactions and related
sensitive financial information, we collect and maintain certain personal information from customers, including names, email addresses,
shipping addresses, and related order information. As a result, we remain subject to applicable privacy, data security, and breach notification
requirements.

Compliance with these laws and regulations
may require us to implement and maintain administrative, technical, and organizational safeguards, as well as policies and procedures
relating to data collection, use, retention, and security. These requirements may increase our compliance costs and operational complexity,
and any failure or perceived failure to comply with applicable data protection and privacy laws could result in regulatory investigations,
fines, litigation, reputational harm, and loss of customer trust.

We
believe we are in material compliance with applicable laws and regulations governing our operations. However, changes in laws, regulations,
or their interpretation could require modifications to our business practices and may increase our compliance costs in the future.

Environmental
Matters

The
Company is subject to federal, state, and local environmental laws and regulations that impose requirements related to the discharge
of pollutants into the environment and establish standards for the handling, generation, emission, release, discharge, treatment, storage,
and disposal of certain materials, substances, and wastes, as well as the remediation of environmental contamination (collectively, “Environmental
Laws”).

In
the ordinary course of its manufacturing and product assembly processes, the Company uses paints, coatings, chemical solvents, and other
materials and generates waste by-products that are subject to these Environmental Laws.

The
Company maintains environmental and safety programs at its facilities designed to support compliance with applicable Environmental Laws.
These programs include obtaining required environmental permits, managing and disposing of waste materials in accordance with regulatory
requirements, tracking hazardous waste generation and disposal, monitoring air emissions and stormwater management practices, maintaining
material safety data records, and conducting internal compliance reviews.

The
Company believes it is in material compliance with applicable Environmental Laws. Compliance with these laws has not had a material adverse
effect on the Company’s capital expenditures, earnings, or competitive position, although future changes in environmental regulations
could require additional compliance efforts or expenditures.

10

Employees

As
of December 31, 2025, the Company employed 38 full-time employees and 1 part-time employee and engaged 7 consultants. We may hire additional
personnel from time to time to support operational needs and anticipated growth. None of our employees are represented by a labor union,
and we have not experienced any work stoppages. We believe our relations with our employees are good.

Available
Information

The
Company maintains a website at www.newtongolf.com. The information contained on, or accessible through, the Company’s website
is not incorporated by reference into this Annual Report on Form 10-K and should not be considered part of this report.

The
Company makes available, free of charge, on or through its website certain reports and amendments to those reports that it files
with or furnishes to the U.S. Securities and Exchange Commission (“SEC”) pursuant to the Securities Exchange Act of
1934, as amended (the “Exchange Act”). These include the Company’s Annual Reports on Form 10-K, Quarterly Reports
on Form 10-Q, Current Reports on Form 8-K, proxy and information statements, and any amendments to those reports or statements. These materials
are made available on the Company’s website as soon as reasonably practicable after they are electronically filed with, or
furnished to, the SEC.

In
addition, the Company routinely posts on the “Investors” section of its website news releases, announcements, and other information
about the Company’s business and results of operations, some of which may be considered material information for investors. Accordingly,
the Company encourages investors to monitor the Investors section of its website for important information about the Company.

The
SEC maintains a website that contains reports, proxy statements, information statements, and other information regarding issuers that
file electronically with the SEC. These materials are available at www.sec.gov.