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TruGolf Holdings, Inc.

CIK: 18570861 Annual ReportsLatest: 2025-04-30

10-K / April 30, 2025

TruGolf Holdings, Inc. Company Summary

Company Overview:

  • TruGolf Holdings, Inc. is a company incorporated in Delaware with IRS Employer Identification Number 85-3269086.
  • The company's principal offices are located at 60 North 1400, West Centerville, Utah 84014.
  • The company is publicly traded on the Nasdaq Stock Market LLC under the trading symbol TRUG.

Business Focus:

  • TruGolf specializes in the virtual golf industry, providing golf simulation technology and products.
  • The company is a leader in virtual golf solutions, leveraging advanced simulation technologies and hardware.

Management & Leadership:

  • Key executives include:
    • Christopher (Chris) Jones, CEO, President, and Chairman, who has a background in gaming and software development dating back to 1982.
    • Brenner Adams, Chief Growth Officer, with experience in business development, investment banking, and technology.
    • Nathan E. Larsen, Chief Experience Officer, with a background in brand and marketing and game development.
    • Shaun B. Limbers, Executive Vice President and Director, with experience in entrepreneurship and investment banking.
    • Steven R. Johnson, Chief Hardware Officer, with long-standing experience with TruGolf since 1999.
  • The Board of Directors includes five members, three of whom are independent.

Number of Employees:

  • The document does not specify the exact number of employees.

Customers and Revenue:

  • The document does not provide specific details on the number of customers or revenue figures.

Financial Information:

  • As of the most recent filing, the market value of the company's stock held by non-affiliates was approximately $4.9 million.
  • Outstanding common shares: approximately 30,958,82 as of April 28, 2025.
  • The company's total assets, revenues, net income, or other financial metrics are not specified in the provided excerpt.

Additional Details:

  • The company has granted stock options to its executive officers and has a stock incentive plan with a maximum of 25 million shares that can be issued.
  • The company has entered into employment agreements with key executives, including stock options and bonuses.
  • The company adheres to corporate governance practices including established audit, compensation, and governance committees.

In summary:

  • TruGolf Holdings, Inc. is a virtual golf technology leader with experienced management, publicly traded status, and a focus on simulation hardware and software solutions for golf entertainment. Specific metrics like customer count, employee number, and revenue are not included in this document.