TruGolf Holdings, Inc.

TruGolf Links announced the grand opening of its first flagship franchise location in Cherry Hill, New Jersey. The 6,045-square-foot entertainment destination features five premium golf simulator bays, including a 17-foot Horizon simulator, an upscale restaurant, and a full-service bar. This opening marks a significant step in TruGolf's expansion through its proprietary TruGolf Links franchise model, which already has commitments for over 100 future locations across New Jersey, New York, and Illinois.

TruGolf Links announced a lease for a 5,000 square foot flagship "eatertainment" center in Romeoville, Illinois, a southwest suburb of Chicago. The facility, set to open this Fall, will feature premium golf simulator bays, an upscale restaurant, and a full bar. This location is part of TruGolf's new franchised "TruGolf Links Center" model, aiming to provide a high-end entertainment experience. Regional Developer Sharif Ali will also recruit franchisees for the Chicagoland area.

TruGolf Links announced the signing of a lease for a new 4,000 square foot "Executive" facility in Miller Place, New York. This marks the third franchised location on Long Island for Regional Developer Gio Dinsay, featuring five state-of-the-art golf/arcade simulator bays and over 17,000 courses. The Nasdaq-listed company is expanding its brick-and-mortar TruGolf Links Center franchised locations, aiming to provide a high-end entertainment experience and the best indoor golf technology. The new center is expected to open this Fall.

TruGolf Holdings, Inc. reported a net loss of $(1.45) million for the three months ended March 31, 2026, a significant improvement from the $(2.67) million loss in the prior year. Revenue decreased by 4.2% to $5.02 million. The company also completed a 1-for-10 reverse stock split and appointed Steven Passey as its new Chief Financial Officer, effective May 20, 2026.

TruGolf Holdings, Inc. announced the appointment of Steven Passey as its new Chief Financial Officer, effective May 15, 2026. His employment letter outlines an initial annual base salary of $225,000 for the first three months, increasing to $250,000 thereafter. Mr. Passey will also be eligible for annual equity grants and participation in the company's executive benefit plans. He brings extensive financial experience from previous roles at Blackrock Neurotech, Inc., Kinetic Energy Services, LLC, and Catheter Precision, Inc.

TruGolf Holdings, Inc. filed a Form 10-K/A to amend its Annual Report on Form 10-K, including previously omitted Part III information on corporate governance, executive compensation, and security ownership. The amendment details the board of directors, executive officers, their compensation for 2024 and 2025, and shareholdings. Key changes include Brenner Adams becoming Chairman and the resignation of B. Shaun Limbers as a director. The company also disclosed late Form 4 filings for two executives.

TruGolf Links, a subsidiary of TruGolf Holdings, Inc. (TRUG), announced a lease signing for its first flagship "eatertainment" facility in Westbury, New York. The 4,011 square foot location at 1137 Old Country Road will feature five premium golf simulators, an upscale restaurant, and a full bar, aiming to open this Fall. This move marks TruGolf's expansion into brick-and-mortar franchised locations, diversifying its business model from solely selling high-tech golf simulators to end-users.

TruGolf Holdings, Inc. (TRUG) filed an Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The filing confirms the company's status as a non-accelerated filer, a smaller reporting company, and an emerging growth company. It also indicates that the company is not a well-known seasoned issuer or a shell company.

TruGolf Holdings reported Q4 2025 results with a net loss of $(1.96) million, a significant improvement from $(5.86) million in Q4 2024. Full-year 2025 revenue was $18.9 million, down from $21.3 million in 2024, primarily due to changes in software license recognition. The company achieved positive stockholders' equity of $4.3 million and increased unrestricted cash to $10.5 million. CEO Chris Jones highlighted 2025 as a transitional year, expressing optimism for significant growth in 2026 with new product launches and franchise openings.

TruGolf Holdings, Inc. has filed its annual report on Form 10-K for the fiscal year ended December 31, 2025. The company is designated as a non-accelerated filer, a smaller reporting company, and an emerging growth company. As of June 30, 2025, the aggregate market value of common stock held by non-affiliates was reported at $3.2 million.