TruGolf Holdings Faces NYSE American Delisting Notice
Ticker: TRUG · Form: 8-K · Filed: Jul 18, 2024 · CIK: 1857086
| Field | Detail |
|---|---|
| Company | Trugolf Holdings, Inc. (TRUG) |
| Form Type | 8-K |
| Filed Date | Jul 18, 2024 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-standards, nyse-american
TL;DR
TruGolf got a notice it might get kicked off the NYSE American. Big trouble.
AI Summary
TruGolf Holdings, Inc. received a notice on July 15, 2024, indicating it failed to meet a continued listing rule or standard for its securities. The company is currently listed on the NYSE American exchange. This filing is a notification of potential delisting, and further details regarding the specific rule violation and the company's response are expected.
Why It Matters
This notice signifies a potential loss of listing on a major stock exchange, which could severely impact the company's stock liquidity and investor confidence.
Risk Assessment
Risk Level: high — Failure to meet listing standards often leads to delisting, which severely impacts stock value and liquidity.
Key Players & Entities
- TruGolf Holdings, Inc. (company) — Registrant
- NYSE American (company) — Stock Exchange
- July 15, 2024 (date) — Date of Notice
- 001-40970 (other) — Commission File Number
- 85-3269086 (other) — I.R.S. Employer Identification No.
FAQ
What specific listing rule or standard did TruGolf Holdings, Inc. fail to meet?
The filing states that TruGolf Holdings, Inc. received a notice of failure to satisfy a continued listing rule or standard, but the specific rule is not detailed in this initial 8-K filing.
What is the date of the notice regarding the delisting concern?
The earliest event reported, which includes the notice, is dated July 15, 2024.
Which stock exchange is TruGolf Holdings, Inc. listed on?
TruGolf Holdings, Inc. is listed on the NYSE American exchange.
What is the company's principal executive office address?
The company's principal executive offices are located at 60 North 1400 West, Centerville, Utah 84014.
What was the former name of TruGolf Holdings, Inc.?
The former name of TruGolf Holdings, Inc. was Deep Medicine Acquisition Corp., with a name change date of April 14, 2021.
Filing Stats: 486 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-07-18 16:30:28
Key Financial Figures
- $0.0001 — hich registered Class A Common Stock, $0.0001 par value per share TRUG The Nasdaq
Filing Documents
- form8-k.htm (8-K) — 34KB
- 0001493152-24-028344.txt ( ) — 201KB
- dmaq-20240715.xsd (EX-101.SCH) — 3KB
- dmaq-20240715_lab.xml (EX-101.LAB) — 33KB
- dmaq-20240715_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: July 18, 2024 TRUGOLF HOLDINGS, INC. By: /s/ Christopher Jones Name: Christopher Jones Title: Chief Executive Officer