---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-024288"
form_type: "8-K"
ticker: "TRUG"
cik: "0001857086"
company_name: "TruGolf Holdings, Inc."
filed_at: "2023-07-12T23:59:59+00:00"
generated_at: "2026-06-13T09:36:21.788873+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# SPAC enters non-redemption agreements; up to 22,606 shares held, 8,138 Founder Shares transferred for extension vote

## Summary
- Non-redemption agreements with two unaffiliated parties for max 22,606 shares; Sponsor to transfer up to 8,138 Founder Shares upon business combination.
- Extension proposal seeks to extend deadline from July 29, 2023 to January 29, 2024; vote at special meeting.
- As of July 11, 465,446 shares requested redemption; 4,147,964 shares non-redeemed, including 364,764 public shares.
- Trust account estimated at $11.45 per share pro rata; funds to remain in U.S. government securities or cash.
- Redemption withdrawal deadline July 13, 2023 at 5:00 PM ET.

## SEC filing metadata
- accession: 0001493152-23-024288
- form_type: 8-K
- ticker: TRUG
- cik: 0001857086
- company_name: TruGolf Holdings, Inc.
- filed_at: 2023-07-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857086/000149315223024288/0001493152-23-024288-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857086/000149315223024288/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-024288
- JSON: https://secwatch.observer/filing/0001493152-23-024288.json
- Plain text: https://secwatch.observer/filing/0001493152-23-024288.txt

## Key facts
- Material Agreements
  TruGolf Holdings, Inc. entered into Non-Redemption Agreement with certain unaffiliated third parties (effective 2023-07-11).
  - Action: entry
  - Counterparty: certain unaffiliated third parties
  - Effective: 2023-07-11
  source text: On July 11, 2023, Deep Medicine Acquisition Corp. (the “Company”) and Bright Vision Sponsor LLC (the “Sponsor”), the sponsor of the Company, entered into certain non-redemption agreements (“Non-Redemption Agreement”) with certain unaffiliated third parties
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857086/000149315223024288/0001493152-23-024288-index.htm

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