ZombieMedia/Entertainment
What Happened to TruGolf Holdings?
Ticker: TRUGSPAC Year: 2021
Return
-93.8%
Current Price
$0.62
Peak Price
$995.5
Trust Size
$23M
Summary
TruGolf Holdings develops and manufactures indoor golf simulation technology including its flagship TruGolf simulator systems and the E6 Connect golf software platform.
What Happened
TruGolf went public through a SPAC merger with Deep Medicine Acquisition Corp in 2023. The company makes golf simulators used in homes, commercial facilities, and entertainment venues, leveraging the growing popularity of indoor golf. The stock has struggled as a micro-cap, with a reverse stock split executed and the company working to scale its consumer and commercial businesses.
Timeline
2021-10-12
S-1 Registration Filed
Risk Indicators
⚠️ Reverse Split