---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-013299"
form_type: "8-K"
ticker: "TRUG"
cik: "0001857086"
company_name: "TruGolf Holdings, Inc."
filed_at: "2025-06-03T23:59:59+00:00"
generated_at: "2026-05-20T01:57:33.037930+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001641172-25-013299
- form_type: 8-K
- ticker: TRUG
- cik: 0001857086
- company_name: TruGolf Holdings, Inc.
- filed_at: 2025-06-03T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857086/000164117225013299/0001641172-25-013299-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857086/000164117225013299/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-013299
- JSON: https://secwatch.observer/filing/0001641172-25-013299.json
- Plain text: https://secwatch.observer/filing/0001641172-25-013299.txt

## Key facts
- Governance Changes
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857086/000164117225013299/0001641172-25-013299-index.htm

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