TruGolf Holdings Inc. held a special meeting of stockholders on May 30, 2025. During the meeting, stockholders approved the proposal to amend the certificate of incorporation to increase the number of authorized shares of Class A Common Stock. Additionally, stockholders approved the issuance of Class A common stock upon conversion of Series A Preferred Stock, in compliance with Nasdaq Listing Rule 5635(d). The proposal to grant the Board of Directors the authority to effect a reverse stock split of the outstanding shares of common stock was also approved.
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