TRUG · TruGolf Holdings, Inc.
The AI's read
TruGolf filed an 8-K saying it failed to meet continued listing standards and faces delisting. Delisting threatens liquidity and can push shares into penny-stock or OTC territory. The market already knocked the stock about -11% and RSI is 26, so some downside is priced in. But market cap is tiny and the price is near the 52-week low, so there is still clear downside risk if the exchange follows through. Our take: we lean bearish. Delisting risk plus tiny market cap and illiquidity create asymmetric downside with limited upside catalysts right now.