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Sacks Parente Golf Priced, Nasdaq: SPGC

Designs and manufactures premium golf putters.

Industry: Consumer Discretionary

Latest Trade: $0.37 0.00 (0.0%)

First Day Return: +624.3%

Return from IPO: -99.1%

Industry: Consumer Discretionary

Sacks Parente Golf, Inc. is a technology-forward golf company, with a growing portfolio of golf products, including putting instruments, golf shafts, golf grips, and other golf-related products. We intend to manufacture and assemble substantially all products in the United States. We anticipate expanding into golf apparel and other golf related product lines to enhance our growth. Our equipment includes putting instruments, golf shafts and grips. All of our products are currently sold under the SPG brand, but we intend to private label and sell certain components to interested third parties. Our shaft and putter technology has been shown by The Golf Lab, a Canadian golf research and education provider, to improve players’ ability to make putts, feel of the putter head, stroke, face angle at impact, and consistency for distance control. Our management believes that our proprietary shaft designs can enhance the performance of players’ putters as well as drivers and other golf clubs. Further, our management believes that these innovative designs, along with our proprietary manufacturing techniques, create performance improvements over traditional golf shafts.
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IPO Data
IPO File Date 08/05/2022
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 3.2
Deal Size ($mm) $13
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/14/2023
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 3.2
Deal Size ($mm) $13
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
The Benchmark Company
Company Data
Headquarters Camarillo, CA, United States
Founded 2018
Employees at IPO 7
Website www.sacksparente.com

Sacks Parente Golf (SPGC) Performance