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Putt up or shut up: US golf club maker Sacks Parente Golf files for a $15 million IPO

August 5, 2022

Sacks Parente Golf, which designs and manufactures premium golf putters, filed on Friday with the SEC to raise up to $15 million in an initial public offering.

The company states that its shaft and putter technology was shown by The Golf Lab to improve players' ability to make putts, feel of the putter head, stroke, face angle at impact, and consistency for distance control. The company intends to manufacture and assemble substantially all of its products in the United States.

The Camarillo, CA-based company was founded in 2018 and booked $200 thousand in sales for the 12 months ended March 31, 2022. It plans to list on the Nasdaq under the symbol SPGC. The Benchmark Company is the bookrunner on the deal. No pricing terms were disclosed.