TruGolf Holdings Inc. Regains Nasdaq Compliance Amid Potential Delisting Concerns; Subject to One-Year Monitoring Period

Reuters
08-05
TruGolf Holdings Inc. Regains Nasdaq Compliance Amid Potential Delisting Concerns; Subject to One-Year Monitoring Period

TruGolf Holdings Inc. faced a potential delisting from the Nasdaq stock exchange due to non-compliance with several listing requirements, including minimum market value and bid price standards. After a hearing, the company was granted an extension with milestones to regain compliance. As of July 17, 2025, TruGolf regained compliance with the bid price requirement, and by August 1, 2025, it had also met equity requirements. As a result, the company will be monitored for one year. If TruGolf fails to maintain compliance during this period, it would face a delisting without the opportunity to present a new compliance plan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TruGolf Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-022045), on August 04, 2025, and is solely responsible for the information contained therein.

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