---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-005329"
form_type: "8-K"
ticker: "TRUG"
cik: "0001857086"
company_name: "TruGolf Holdings, Inc."
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T09:46:38.554758+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Deep Medicine Acquisition transfers listing to Nasdaq Capital Market to cure non-compliance

## Summary
- Approved by Nasdaq on February 15, 2023; effective February 17, 2023.
- Transfer resolves deficiency: failed to maintain minimum 1,100,000 publicly held shares on Global Market.
- Class A common stock and rights continue trading under symbols DMAQ and DMAQR unchanged.
- Capital Market has less stringent financial requirements; no impact on trading.

## SEC filing metadata
- accession: 0001493152-23-005329
- form_type: 8-K
- ticker: TRUG
- cik: 0001857086
- company_name: TruGolf Holdings, Inc.
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857086/000149315223005329/0001493152-23-005329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857086/000149315223005329/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-005329
- JSON: https://secwatch.observer/filing/0001493152-23-005329.json
- Plain text: https://secwatch.observer/filing/0001493152-23-005329.txt

## Key facts
- Listing & Compliance Notices
  TruGolf Holdings, Inc. received a nasdaq deficiency notice notice regarding other (rules 5450(b)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Rules: 5450(b)(2)
  source text: January 22, 2023 indicating that the Company, following the stockholder redemptions at its last stockholder meeting, is not in compliance with Listing Rule 5450(b)(2), due to the Company’s failure to meet the minimum 1,100,000 publicly held shares requirement for continued listing on the Nasdaq Global Market. Upon the transfer of listing of the Company’s securities on the Nasdaq Capital Market on February 17, 2023, such deficiency would be resolved. On February 16, 2023, the Company issued a press release announcing its listing transfer to the Nasdaq Capital Market, which is attached as Exhibi
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857086/000149315223005329/0001493152-23-005329-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.