TruGolf Holdings Inc. Enters $20M Equity Purchase Agreement with Institutional Investor for Class A Common Stock

Reuters

May 15, 2025

TruGolf Holdings Inc. Enters $20M Equity Purchase Agreement with Institutional Investor for Class A Common Stock

On May 14, 2025, TruGolf Holdings, Inc. entered into an Equity Purchase Facility Agreement (EPFA) with an institutional investor, allowing the company to issue and sell up to $20 million in newly issued Class A common stock shares. The company can issue and sell shares at its discretion, with the price per share determined by multiplying the market price by 93%. Additionally, TruGolf agreed to issue a commitment fee of 1.00% of the commitment amount in shares. The number of shares and specific price per share were not detailed in the document.

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: 0001641172-25-010545), on May 15, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Enters $20M Equity Purchase Agreement with Institutional Investor for Class A Common Stock","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      TruGolf Holdings Inc. Enters $20M Equity Purchase Agreement with Institutional Investor for Class A Common Stock\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        On May 14, 2025, TruGolf Holdings, Inc. entered into an Equity Purchase Facility Agreement (EPFA) with an institutional investor, allowing the company to issue and sell up to $20 million in newly issued Class A common stock shares. The company can issue and sell shares at its discretion, with the price per share determined by multiplying the market price by 93%. 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Enters $20M Equity Purchase Agreement with Institutional Investor for Class A Common Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-15 20:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      TruGolf Holdings Inc. Enters $20M Equity Purchase Agreement with Institutional Investor for Class A Common Stock\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        On May 14, 2025, TruGolf Holdings, Inc. entered into an Equity Purchase Facility Agreement (EPFA) with an institutional investor, allowing the company to issue and sell up to $20 million in newly issued Class A common stock shares. The company can issue and sell shares at its discretion, with the price per share determined by multiplying the market price by 93%. Additionally, TruGolf agreed to issue a commitment fee of 1.00% of the commitment amount in shares. 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ID: 0001641172-25-010545), on May 15, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4085","symbol_name":"互动家庭娱乐","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250515:nNDL6CCWrQ:1","article_id":"2535408328","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535408328","pubTimestamp":1747312560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"On May 14, 2025, TruGolf Holdings, Inc. entered into an Equity Purchase Facility Agreement  with an institutional investor, allowing the company to issue and sell up to $20 million in newly issued Class A common stock shares. 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Additionally, TruGolf agreed to issue a commitment fee of 1.00% of the commitment amount in shares. The number of shares and specific price per share were not detailed in the document.\n      \n\nDisclaimer: 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. 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