secwatch.observer — SEC 8-K summary
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Issuer:     TruGolf Holdings, Inc. (TRUG)
CIK:        0001857086
Form:       8-K
Filed at:   2023-07-24T23:59:59+00:00
Accession:  0001493152-23-025358
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Deep Medicine Acquisition amends TruGolf merger: earnout shares post-closing, $10/share price fixed
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- Earnout shares to be issued after Closing if milestones met, not at Closing and put in escrow.
- Per share price for merger consideration fixed at $10.00, not tied to redemption price.
- Agreement restated to amend Original Merger Agreement dated March 31, 2023.
- TruGolf is a developer of indoor golf simulators for luxury-residential and commercial use.
- Transaction still subject to stockholder approval and SEC registration statement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857086/000149315223025358/0001493152-23-025358-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857086/000149315223025358/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-025358

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer