{"url_path":"/sec/trug/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-20","source_url":"https://www.sec.gov/Archives/edgar/data/1857086/0001493152-26-024624-index.html","accession_number":"0001493152-26-024624","cik":"0001857086","ticker":"TRUG","issuer_name":"TruGolf Holdings, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1857086/0001493152-26-024624-index.html","primary_entity_key":"0001857086","primary_entity_name":"TruGolf Holdings, Inc."},"word_count":286,"has_tables":true,"body_markdown":"**ITEM\n2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS**\n\n \n\n**Recent\nSales of Unregistered Securities**\n\n \n\nThere\nare no transactions that have not been previously reported in a Current Report on Form 8-K or in our prior filings.\n\n \n\n**Purchases\nof Equity Securities by the Issuer and Affiliated Purchasers**\n\n \n\nOn May 25, 2025, our Board approved the adoption of a stock repurchase program (the “2025 Repurchase Program”),\nwhich ends on May 28, 2026. Under the 2025 Repurchase Program, the Company could purchase up to $2 million worth of shares of its Common\nStock, with no shares exceeding a price of $2.00 per share, from time to time in the open market, in privately negotiated transactions,\npursuant to a Rule 10b5-1 trading plan or otherwise in accordance with applicable securities laws and other requirements. The 2025 Repurchase\nProgram did not obligate the Company to repurchase any dollar amount or number of shares of Common Stock. We purchased a total of 439,208\nshares of our Common Stock under the 2025 Repurchase Program for $346,503.\n\n \n\n16\n\n \n\n \n\nThe\nfollowing table presents details of our share repurchase transactions during the first three months of 2026:\n\n \n\n**Period**\n \n\n**Total\nNumber**\n\n**of\nShares**\n\n**Repurchased**\n\n \n \n\n**Average\nPrice**\n\n**Paid\nPer Share**\n\n \n \n\n**Total\nNumber**\n\n**of\nShares**\n\n**Purchased\nas**\n\n**Part\nof Publicly**\n\n**Announced**\n\n**Program**\n\n \n \n\n**Approximate**\n\n**Dollar\nValue of**\n\n**Shares\nthat**\n\n**May\nYet Be**\n\n**Purchased**\n\n**Under\nthe**\n\n**Program\n(1)**\n\n \n\n January\n1, 2026 – January 31, 2026\n \n \n249,000\n \n \n$\n0.83\n \n \n \n249,000\n \n \n$\n1,784,424\n \n\n February\n1, 2026 – February 28, 2026\n \n \n190,208\n \n \n$\n0.73\n \n \n \n190,208\n \n \n$\n1,653,497\n \n\n March\n1, 2026 – March 31, 2026\n \n \n-\n \n \n$\n-\n \n \n \n-\n \n \n$\n1,653,497\n \n\n \n\n \n(1)\nThe 2025 Share Repurchase Program does not require the Company to repurchase a certain amount of shares of its Common\nStock."}