secwatch.observer — SEC 8-K summary
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Issuer:     TruGolf Holdings, Inc. (TRUG)
CIK:        0001857086
Form:       8-K
Filed at:   2025-05-29T23:59:59+00:00
Accession:  0001641172-25-012786
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TruGolf amends convertible note terms; allows $2M buyback, seeks 650M authorized shares
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- Reduced required reserve for Series A Preferred conversion; increased authorized shares sought from 500M to 650M.
- Obtained waiver to repurchase up to $2M of common stock in open market transactions.
- Amendments effective upon company receiving identical amendments from other note holders.
- Company reimbursed holders' legal fees in connection with the amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857086/000164117225012786/0001641172-25-012786-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857086/000164117225012786/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-012786

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