false 0001857086 0001857086 2026-02-17 2026-02-17 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): February 17, 2026

 

TruGolf Holdings, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-40970   85-3269086

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

60 North 1400 West Centerville, Utah   84014
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (801) 298-1997

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.0001 par value per share   TRUG   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

 

On February 17, 2026, TruGolf Holdings, Inc. (the “Company”) held its annual meeting of stockholders (the “Annual Meeting”). During the Annual Meeting, stockholders voted on the seven proposals listed below. The final voting results with respect to each proposal are also set forth below. As of the record date for the Annual Meeting, there were 5,057,444 shares of common stock outstanding, of which 4,857,445 shares are Class A common stock and 199,999 shares are Class B common stock. Each outstanding share of our Class A common stock entitled its holder to one vote on each of the matters to be voted on at the Annual Meeting, and each outstanding share of our Class B common stock entitled its holder to 25 votes on each proposal at the Annual Meeting.

 

Proposal 1:

 

Election of Directors: Stockholders voted to elect five nominees to the Board of Directors of the Company, each to serve until the 2026 annual meeting of stockholders of the Company or until such person’s successor is qualified and elected.

 

Nominee  For  

Withhold

  Broker Non-Votes
Christopher Jones  6,220,654   207,205  314,491
B. Shaun Limbers  6,216,066   211,793  314,491
Humphrey P. Polanen  6,223,408   204,451  314,491
Riley Russell  6,222,160   205,699  314,491
AJ Redmer  6,223,614   204,245  314,491

 

Proposal 2:

 

Ratification of Independent Registered Public Accounting Firm: Stockholders voted to ratify Haynie & Company as the Company’s independent registered public accounting firm for the year ending December 31, 2025.

 

For  Against  Abstentions  Broker Non-Votes
6,583,964  48,649  109,737  0

 

Proposal 3:

 

Equity Incentive Plan: Stockholders voted to approve the Company’s 2026 Stock Plan, which authorizes the issuance of up to 2,000,000 shares of common stock.

 

For  Against  Abstentions  Broker Non-Votes
6,134,928  277,736  15,195  314,491

 

Proposal 4:

 

The Redomestication Proposal: Stockholders voted to approve a proposal to redomesticate the Company from a corporation organized under the laws of the State of Delaware to a corporation organized under the laws of the State of Nevada.

 

For  Against  Abstentions  Broker Non-Votes
6,228,794  161,758  37,297  314,501

 

 

 

 

Proposal 5:

 

The Share Increase Proposal: Stockholders voted to approve an increase in the number of authorized shares of Class A common stock from 650,000,000 to 1,000,000,000 and to make corresponding changes to the number of authorized shares of capital stock.

 

For  Against  Abstentions  Broker Non-Votes
6,148,384  253,367  23,354  317,245

 

Proposal 6:

 

The Nasdaq Proposal: Stockholders voted to approve the sale of 20% or more of the Company’s issued and outstanding Class A common stock to SZOP Opportunities I LLC pursuant to an Equity Purchase Facility Agreement, dated May 14, 2025, if the Company so chooses.

 

For  Against  Abstentions  Broker Non-Votes
6,151,432  230,732  45,695  314,491

 

Proposal 7:

 

The Adjournment Proposal: Stockholders voted to adjourn the Annual Meeting to another time and place, if necessary, to solicit additional proxies in the event that there were not sufficient votes to approve one or more of Proposals 2 through 6.

 

For  Against  Abstentions  Broker Non-Votes
6,506,912  225,959  9,479  0

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
10.1   TruGolf Holdings, Inc. 2026 Stock Plan
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: February 18, 2026 TRUGOLF HOLDINGS, INC.
     
  By: /s/ Christopher Jones
  Name: Christopher Jones
  Title: Chief Executive Officer