DMAQ enters non-redemption deals covering 514,773 public shares; sponsor to transfer 185,179 shares post-biz combo

TruGolf Holdings, Inc.

Agreements with six unaffiliated third parties covering max 514,773 shares of Class A common stock.
Sponsor Bright Vision LLC to transfer up to 185,179 shares to parties upon initial business combination.
Agreements aim to reduce redemptions at July 13 special meeting and preserve trust proceeds for deal.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

TruGolf Holdings, Inc. entered into Non-Redemption Agreements with certain unaffiliated third parties (effective 2023-07-12).

Action: entry
Counterparty: certain unaffiliated third parties
Effective: 2023-07-12

Exact text from the filing

As previously disclosed in the Current Reports on Form 8-K filed by Deep Medicine Acquisition Corp. (the “ Company ”) with the Securities and Exchange Commission on July 12, 2023 and July 14, 2023, the Company and Bright Vision Sponsor LLC (the “ Sponsor ”) have entered into certain non-redemption agreements (the “ Non-Redemption Agreements ”) with certain unaffiliated third parties in connection with the special meeting on July 13, 2023 called by the Company.

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TruGolf Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-024831

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