---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-044101"
form_type: "8-K"
ticker: "TRUG"
cik: "0001857086"
company_name: "TruGolf Holdings, Inc."
filed_at: "2024-11-08T23:59:59+00:00"
generated_at: "2026-05-30T02:59:33.015933+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TruGolf receives two Nasdaq notices: bid price below $1 and MVPHS under $15M

## Summary
- On Nov 5, 2024, Nasdaq notified TruGolf that its bid price was below $1 for 30 consecutive business days, triggering a 180-day compliance period ending May 5, 2025.
- Also notified that MVPHS fell below $15M threshold for 30 consecutive business days ended Aug 8, 2024; compliance period of 180 days from notice.
- Company intends to monitor bid price and MVPHS and consider all measures, including reverse stock split, to regain compliance.
- If not cured by compliance deadlines, Nasdaq may delist the common stock, but company may transfer to Nasdaq Capital Market.

## SEC filing metadata
- accession: 0001493152-24-044101
- form_type: 8-K
- ticker: TRUG
- cik: 0001857086
- company_name: TruGolf Holdings, Inc.
- filed_at: 2024-11-08T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857086/000149315224044101/0001493152-24-044101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857086/000149315224044101/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-044101
- JSON: https://secwatch.observer/filing/0001493152-24-044101.json
- Plain text: https://secwatch.observer/filing/0001493152-24-044101.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.