05:38 PM EDT, 08/20/2024 (MT Newswires) -- Sacks Parente Golf ( SPGC ) filed a shelf registration statement with the US Securities and Exchange Commission Tuesday covering the potential sale of up to $25 million of securities from time to time in one or more offerings.

The statement covers common and preferred shares, debt securities, warrants, rights and units.

The company said it plans to use any net proceeds from the sale of the securities for working capital and general corporate purposes, among other things.

Sacks Parente shares were down 2.4% in after-hours activity.

Price: 2.8500, Change: -0.07, Percent Change: -2.40