UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT
REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Item 8.01 Other Events
Reference is made to the Current Report of the Company under Form 8-K filed with the Securities and Exchange Commission on February 26, 2025 wherein the Company reported that it had obtained stockholder approval to effect a reverse split of its outstanding shares at a ratio of between 1 for 10 and 1 for 30. The Company’s Board of directors has determined that the ratio will be 1 for 30 to be effective as soon as possible consistent with the rules of the Nasdaq Stock Market. The Company has received notices from the holders of the Company’s Series B Warrants for shares of its Common Stock the number of which currently exceeds the Company’s authorized shares. Upon the effective date of the reverse split the Company will be able to complete the issuance of all shares remaining to be issued under the Series B Warrants.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: March 3, 2025 | SACKS PARENTE GOLF, INC. | |
| By: | /s/ GREGOR CAMPBELL | |
| Gregor Campbell | ||
| Chief Executive Officer |