TruGolf Reports Redomestication to Nevada
Salt Lake City, Utah, March 11, 2026 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ: TRUG), stockholders approved a proposal to redomesticate the company from Delaware to Nevada during the Company’s annual meeting held on February 17, 2026.
The redomestication was executed through a plan of conversion requiring filings with both Delaware and Nevada state authorities. The company filed a certificate of conversion with Delaware's Secretary of State, along with articles of conversion and incorporation with Nevada's Secretary of State. New bylaws will be adopted in connection with the change.
As of March 11, 2026, the Company's domicile transferred from Delaware to Nevada, with internal affairs becoming governed by Nevada state laws instead of Delaware laws. The existing certificate of incorporation and bylaws are now replaced by Nevada governing documents.
The redomestication will not affect the company's business operations, management, properties, office locations, employee count, or financial position beyond costs associated with the conversion process. Material contracts with third parties will remain unaffected, and all rights and obligations will continue unchanged.
Each outstanding share converted on a one-to-one basis across all share classes. Class A and Class B common stock, along with Series A preferred stock, automatically converted to equivalent Nevada corporation shares with the same $0.0001 par value.
Details of the conversion plan were outlined in the company's proxy statement filed with the Securities and Exchange Commission on January 26, 2026.
Disclaimer on Forward Looking Statements
This news release contains certain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements that are not of historical fact constitute “forward-looking statements” and accordingly, involve estimates, assumptions, forecasts, judgements and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ''believes,'' ''estimates,'' ''anticipates,'' ''expects,'' ''plans,'' ''projects,'' ''intends,'' ''potential,'' ''may,'' ''could,'' ''might,'' ''will,'' ''should,'' ''approximately'' or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading "Risk Factors" in the Company's Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC's website,
About TruGolf:
Since 1983, TruGolf has been passionate about driving the golf industry with innovative indoor golf solutions. TruGolf builds products that capture the spirit of golf. TruGolf's mission is to help grow the game by attempting to make it more Available, Approachable, and Affordable through technology - because TruGolf believes Golf is for Everyone. TruGolf's team has built award-winning video games ("Links"), innovative hardware solutions, and an all-new e-sports platform to connect golfers around the world with E6 CONNECT. Since TruGolf's beginning, TruGolf has continued to attempt to define and redefine what is possible with golf technology.
Contact: Michael Bacal
917-886-9071
