NetworkNewsBreaks – TruGolf Holdings, Inc. (NASDAQ: TRUG) Provides Update on Polymath Acquisition, Corporate Developments
TruGolf (NASDAQ: TRUG) provided a summary of recent corporate developments as it advances its previously announced acquisition of Polymath Research Inc. (“Polymath”), a developer of institutional-grade infrastructure for regulated digital securities and tokenized real-world assets. TruGolf entered into an agreement Aug. 18 to acquire Polymath, including its tokenization platform and purpose-built Layer-1 blockchain, Polymesh. Recent developments include the appointment of Chairman Brenner Adams as interim CEO and Jay Heller to the board, plans for TruGolf Links and Polymath to develop tokenized equipment leasing and fractional franchise ownership opportunities targeted for the first quarter of 2027, and Polymath partnerships with the Tokenized Asset Foundation and High Ridge Trust.
TruGolf also announced the first installation of TruGolf RANGE in New Albany, Indiana, allowing up to five players to practice simultaneously on a single screen with analytics including slow-motion replay, ball-flight data and integrated artificial intelligence analysis. Separately, the company announced a 1-for-10 reverse stock split of its Class A common stock, effective Sept. 29, 2026, with the shares to trade under new CUSIP number 243733607.
To view the full press release, visit: https://nnw.fm/LIYHn
NOTE TO INVESTORS: The latest news and updates relating to TRUG are available in the company’s newsroom at https://nnw.fm/TRUG
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
TruGolf (NASDAQ: TRUG) provided a summary of recent corporate developments as it advances its previously announced acquisition of Polymath Research Inc. (“Polymath”), a developer of institutional-grade infrastructure for regulated digital securities and tokenized real-world assets. TruGolf entered into an agreement Aug. 18 to acquire Polymath, including its tokenization platform and purpose-built Layer-1 blockchain, Polymesh. Recent developments include the appointment of Chairman Brenner Adams as interim CEO and Jay Heller to the board, plans for TruGolf Links and Polymath to develop tokenized equipment leasing and fractional franchise ownership opportunities targeted for the first quarter of 2027, and Polymath partnerships with the Tokenized Asset Foundation and High Ridge Trust.
TruGolf also announced the first installation of TruGolf RANGE in New Albany, Indiana, allowing up to five players to practice simultaneously on a single screen with analytics including slow-motion replay, ball-flight data and integrated artificial intelligence analysis. Separately, the company announced a 1-for-10 reverse stock split of its Class A common stock, effective Sept. 29, 2026, with the shares to trade under new CUSIP number 243733607.
To view the full press release, visit: https://nnw.fm/LIYHn
NOTE TO INVESTORS: The latest news and updates relating to TRUG are available in the company’s newsroom at https://nnw.fm/TRUG
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
