TruGolf宣布1对10反向股票分割

2026-09-25 21:48

TruGolf Holdings (TRUG) said on Friday that it will implement a 1-for-10 reverse split of its class A common stock.
TRUG -28.27% at $0.29.
Effective September 29, 2026, the company’s Class A common stock will continue to trade on the Nasdaq on a split adjusted basis under the trading symbol "TRUG".
No fractional shares will be issued if, as a result of the reverse stock split, a stockholder would otherwise become entitled to a fractional share.
Following the reverse stock split, the number of shares outstanding will reduce to about 1.24M from nearly 12.44M, while the number of authorized shares of Class A common stock will be proportionately reduced to 10M shares.
The reverse split affects all stockholders uniformly and will not alter any common stockholder’s percentage interest in the company’s equity, except to the extent that the reverse split results in some common stockholders owning a fractional share as described above.
Press release

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