TruGolf Restructures $1.44M Loan and Plans $500,000 Franchise Rights Buyback
TruGolf entered into a Separation and Settlement Agreement with Christopher Jones that restructures a $1.44 million insider demand loan and outlines a $500,000 repurchase of certain franchise rights. The loan will shift from payable-on-demand to a 12-month maturity, with 10% of principal due by the…