secwatch.observer — SEC 8-K summary
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Issuer:     TruGolf Holdings, Inc. (TRUG)
CIK:        0001857086
Form:       8-K
Filed at:   2026-08-21T21:18:03+00:00
Accession:  0001493152-26-039727
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TRUG receives Nasdaq equity non-compliance notice; shares converted from Series A preferred
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- Nasdaq notice Aug 19: stockholders' equity $2,060,281 as of Jun 30, below $2.5M minimum required by Rule 5550(b)(1)(A).
- Company has until Oct 5, 2026 to submit compliance plan; Nasdaq may extend to Feb 15, 2027.
- Aug 18-21, 2026: $1.525M Series A stated value converted into 2,688,750 common shares; ~$4.4M stated value remains.
- As of Aug 21, 2026, total Class A common shares outstanding: 4,572,458.
- Company evaluating courses of action to regain compliance with the $2.5M equity standard.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857086/000149315226039727/0001493152-26-039727-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857086/000149315226039727/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-039727

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