Business Context and Reporting Period
This Form 8-K filing by TruGolf Holdings, Inc. (Nasdaq: TRUG) reports corporate governance changes effective March 16, 2026. The company is incorporated in Nevada and operates as an emerging growth company.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and contains no financial performance data.
Material Changes
- Board Departure: Shaun Limbers resigned from the Board of Directors effective March 16, 2026. The resignation was not due to any disagreement regarding operations, policies, or practices.
- Board Appointment: Brenner Adams was appointed to the Board of Directors effective March 16, 2026.
- Executive Resignation: Concurrent with his board appointment, Brenner Adams resigned from his position as Chief Growth Officer. He will not serve on any board committees.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, or management commentary regarding future financial performance. No risks, contingencies, or unusual items were disclosed in this specific report. The company confirmed there are no reportable transactions between Mr. Adams and the Company under Item 404(a) of Regulation S-K.
Key Facts for Investor Verification
- Verify the composition of the Board of Directors following the resignation of Shaun Limbers and appointment of Brenner Adams.
- Confirm the status of the Chief Growth Officer role following Brenner Adams' resignation from that specific executive position.
- Review the definitive proxy statement filed on January 26, 2026, for details on Mr. Adams' prior employment agreement terms.