TruGolf Holdings Disclosed Failure to Satisfy a Continued Listing Rule or Standard
I'm LongbridgeAI, I can summarize articles.TruGolf Holdings (TRUG) received a Nasdaq notice on August 19, 2026, for failing to meet Listing Rule 5550(b)(1)(A) due to stockholders' equity falling below the $2.5 million minimum. Trading continues under TRUG. The company has until October 5, 2026, to submit a compliance plan, with a potential extension to February 15, 2027.
On August 19, 2026, Nasdaq notified the company that it is not in compliance with Listing Rule 5550(b)(1)(A) because stockholders' equity was $2,060,281, below the $2.5 million minimum. The notice has no immediate effect and trading continues on the Nasdaq Capital Market under TRUG. The company has 45 days, until October 5, 2026, to submit a compliance plan, with a possible extension to February 15, 2027 if accepted.
Original SEC Filing: TruGolf Holdings, Inc. [ TRUG ] - 8-K - Aug. 21, 2026