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TruGolf executes 1-for-10 reverse stock split amid lawsuit and low stock price

Company Fundamentals
29 Sep 2026
Gordon Thompson
View Source
Bearish
TruGolf executes 1-for-10 reverse stock split amid lawsuit and low stock price

TruGolf Holdings completed a 1-for-10 reverse stock split to raise its share price above Nasdaq's minimum requirement, as its stock traded near a 52-week low of $0.25. The company faces a class-action lawsuit alleging federal securities law violations for stock sales between September 2025 and May 2026. Despite challenges, TruGolf maintains active trading with a market capitalization of around $142,350. The reverse split aims to stabilize the stock and comply with exchange rules while legal issues unfold.

TruGolf's market capitalization is around $142,350 as of September 29, 2026. For readers following Consumer Cyclical-sector US stocks, here is Pluang's market snapshot as of Sep 29, 2026 19:27 WIB: out of 112 priced stocks, 77 rose and 25 fell today. Notable movers include MNSO at USD 9.13 with 100% sell order activity and a typical hold time of 21 days, LI at USD 11.43 with 85% sell order activity and a typical hold time of 101 days, and CPRI at USD 15.14 with a typical hold time of 40 days.

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