regulatory
confidence high
sentiment negative
materiality 0.75
TruGolf receives Nasdaq deficiency notice for late Q1 10-Q filing
TruGolf Holdings, Inc.
- Received deficiency letter on July 15, 2024 for failing to file Q1 2024 Form 10-Q on time.
- Non-compliance with Nasdaq Listing Rule 5250(c)(1); no immediate delisting.
- Must submit a compliance plan within 60 calendar days by September 13, 2024.
- If plan accepted, Nasdaq may grant exception until November 12, 2024 to regain compliance.