TruGolf Holdings Inc. recently completed several share transactions involving its Series A Preferred Stock. On July 21, 2025, a Holder of Preferred Warrants exercised their option to purchase 5,555 shares of Series A Preferred Stock for approximately $5.0 million. Additionally, as of April 22, 2025, TruGolf entered into Exchange Agreements with holders of PIPE Convertible Notes and PIPE Warrants, resulting in the exchange of PIPE Warrants for 1,885 shares of Series A Preferred Stock and warrants to purchase up to 37,033 shares of Series A Preferred Stock.
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