TRUG News & Analysis

TruGolf 1-for-10 Reverse Stock Split Effective Monday

TruGolf announced a 1-for-10 reverse stock split that will take effect on Monday. This adjustment will reduce the number of outstanding shares by consolidating every 10 shares into one. Reverse stock splits are often conducted to increase the stock price and attract institutional investors. The split may influence market perception and trading behavior regarding TruGolf's shares.