secwatch.observer — SEC 8-K summary
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Issuer:     TruGolf Holdings, Inc. (TRUG)
CIK:        0001857086
Form:       8-K
Filed at:   2023-07-12T23:59:59+00:00
Accession:  0001493152-23-024288
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857086/000149315223024288/0001493152-23-024288-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857086/000149315223024288/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-024288

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