TruGolf Announces Reverse Stock Split
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 18 2025
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Source: Globenewswire
Reverse Stock Split Announcement: TruGolf Holdings, Inc. has announced a 1-for-50 reverse stock split of its Class A common stock, effective June 23, 2025, which will reduce the number of outstanding shares from approximately 40.5 million to about 0.8 million while maintaining the authorized shares at 650 million.
Company Background and Mission: Founded in 1983, TruGolf aims to innovate within the golf industry by providing accessible and affordable indoor golf solutions, including award-winning video games and an e-sports platform, with a mission to make golf more available to everyone.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
