TruGolf Holdings Announces 1-for-50 Reverse Stock Split Effective June 23, 2025

Reuters

25 Jun

TruGolf Holdings Announces 1-for-50 Reverse Stock Split Effective June 23, 2025

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.

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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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.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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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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.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TRUG","symbol_name":"TRUGOLF INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250624:nNDL8R5ttk:1","article_id":"2546253680","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546253680","pubTimestamp":1750797054,"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":"TruGolf Holdings Inc. , 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  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. 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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.\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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