TruGolf Holdings Inc. $(TRUG)$, a leader in golf simulator software and hardware, has announced a 1-for-50 reverse stock split of its Class A common stock. Effective at 12:01 am Eastern Time on June 23, 2025, the stock will trade on a post-split basis on the Nasdaq Capital Market under the same ticker "TRUG" with a new CUSIP number 243733409. This move will reduce the number of outstanding shares from approximately 40.5 million to 0.8 million.
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: 0001641172-25-016295), on June 24, 2025, and is solely responsible for the information contained therein.