TruGolf gets Nasdaq temporary exception to July 2025; shareholders approve share increase to 650M

TruGolf Holdings, Inc.

Nasdaq Panel grants temporary exception: bid price compliance by July 8, 2025; MVPHS and equity compliance by July 30, 2025.
Listing transferred to Nasdaq Capital Market effective June 3, 2025.
Shareholders approved increase in authorized Class A common stock from 90M to 650M shares.
Shareholders authorized reverse stock split at ratio of 1-for-5 to 1-for-75 at Board discretion.
Shareholders approved issuance of shares upon conversion of Series A Preferred without conversion limits.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

TruGolf Holdings, Inc.: Increased authorized shares of Class A Common Stock from 90,000,000 to 650,000,000 (effective 2025-06-02).

Change: charter amendment
Effective: 2025-06-02

Exact text from the filing

stockholders approved a proposal to approve a Certificate of Amendment to the Company’s Third Amended and Restated Certificate of Incorporation (the “Certificate Amendment”) which would amend the Company’s existing certificate of incorporation, as amended, to increase the number of authorized shares of the Company’s Class A Common Stock from 90,000,000 shares to 650,000,000 shares. The Certificate Amendment became effective upon filing with the Delaware Secretary of State on June 2, 2025.

View on SEC.gov

Browse all governance changes →

TruGolf Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-013299

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.