other_material
confidence high
sentiment neutral
materiality 0.75
TruGolf Holdings files 1-for-50 reverse stock split effective June 23, 2025
TruGolf Holdings, Inc.
- Reverse stock split ratio: 1-for-50; effective 12:01 a.m. ET on June 23, 2025.
- Class A shares outstanding to drop from ~40.5M to ~0.8M; Class B from ~10M to ~0.2M.
- Authorized shares unchanged at 650M Class A and 10M Class B; no fractional shares, cash in lieu.
- Ticker remains TRUG; new CUSIP 243733409; adjustments to equity awards and plans.
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