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TruGolf Announces 1-for-10 Reverse Stock Split
Source: Nasdaq
Company FundamentalsCapital Returns (Dividends / Buybacks)
TruGolf Holdings announced a 1-for-10 reverse split of its Class A common stock, reducing outstanding shares from approximately 12.44 million to about 1.24 million. The transaction does not change the company’s underlying value but may indicate an effort to increase the per-share price, often associated with exchange-listing compliance concerns.
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