secwatch.observer — SEC 8-K summary
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Issuer:     TruGolf Holdings, Inc. (TRUG)
CIK:        0001857086
Form:       8-K
Filed at:   2026-09-09T21:14:23+00:00
Accession:  0001493152-26-041991
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TruGolf amends Polymath acquisition: Series C preferred conversion price $3.94
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- Amendment fixes Series C preferred share count: ($140M - value of Class A common issued) / $1,000 per share.
- Series C converts to Class A at $3.94/share, subject to stockholder and Nasdaq approval.
- Polymath shareholders receive 19.9% of TruGolf Class A common plus Series C preferred.
- Conversion blocked until approvals; beneficial ownership cap of 19.99% applies.
- Amendment effective retroactively to Aug 17, 2026; Acquisition Agreement otherwise unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857086/000149315226041991/0001493152-26-041991-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857086/000149315226041991/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-041991

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