secwatch.observer — SEC 8-K summary
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Issuer:     TruGolf Holdings, Inc. (TRUG)
CIK:        0001857086
Form:       8-K
Filed at:   2024-10-04T23:59:59+00:00
Accession:  0001493152-24-039536
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

TruGolf receives Nasdaq delisting notice for negative stockholders' equity of ($10.5M)
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- Nasdaq notified TruGolf on Aug 19, 2024, that stockholders' equity was ($10,508,104) as of June 30, 2024, below the $10M minimum.
- Company must submit a plan to regain compliance by November 18, 2024; extension possible until April 1, 2025 if plan accepted.
- Class A common stock continues trading on Nasdaq under symbol TRUG while the process plays out.
- TruGolf is evaluating courses of action to regain compliance but cannot assure success.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857086/000149315224039536/0001493152-24-039536-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857086/000149315224039536/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-039536

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