---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-020523"
form_type: "8-K"
ticker: "TRUG"
cik: "0001857086"
company_name: "TruGolf Holdings, Inc."
filed_at: "2025-07-22T23:59:59+00:00"
generated_at: "2026-05-18T04:31:33.012483+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TruGolf converts $3.94M PIPE notes to preferred stock, receives $5M from warrant exercise

## Summary
- $3,938,311 of PIPE convertible notes exchanged for 3,938.311 shares of Series A Preferred Stock.
- Preferred Warrants expiration extended by two years.
- Holder exercised 5,555 Series A Preferred Warrants for ~$5.0M cash.
- Company waived consent requirement for further warrant exercises unless $10M+ equity financing within 3 months.
- Company reimburses lead holder's legal fees of $20,000.

## SEC filing metadata
- accession: 0001641172-25-020523
- form_type: 8-K
- ticker: TRUG
- cik: 0001857086
- company_name: TruGolf Holdings, Inc.
- filed_at: 2025-07-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857086/000164117225020523/0001641172-25-020523-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857086/000164117225020523/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-020523
- JSON: https://secwatch.observer/filing/0001641172-25-020523.json
- Plain text: https://secwatch.observer/filing/0001641172-25-020523.txt

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