Published: April 20, 2023 at 4:40 p.m. ET
By Stephen Nakrose
Sacks Parente Golf Inc. announced Thursday that it plans to price its upcoming IPO at 3 million shares, down from a previous estimate of 4.44 million.
The golf products maker said it still expects the offering to cost between $4 and $5 per share.
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By Stephen Nakrose
Sacks Parente Golf Inc. announced Thursday that it plans to price its upcoming IPO at 3 million shares, down from a previous estimate of 4.44 million.
The golf products maker said it still expects the offering to cost between $4 and $5 per share.
Sacks Parente said its products include putting instruments, golf shafts and golf grips.
The company reported net sales of $190,000 for the year ended December 31, 2022 and $200,000 for the year ended December 31, 2021.
Nippon Xport Ventures Inc. and Parcks Design LLC are among the Company’s major shareholders.
Sacks Parente said it is applying to list on the Nasdaq Capital Market under the symbol SPGC.
The Benchmark Co. is listed as the underwriter of the offering.
Write to Stephen Nakrosis at [email protected]
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