NetworkNewsBreaks – TruGolf Holdings, Inc. (NASDAQ: TRUG) Completes Acquisition of Polymath Research, Expanding into Institutional Asset Tokenization
TruGolf (NASDAQ: TRUG) announced the completion of its acquisition of Polymath Research Inc., a Canadian company specializing in institutional asset tokenization and developer of Polymesh, a Layer-1 blockchain designed for regulated assets. The transaction combines TruGolf’s established golf simulation and software business with Polymath’s blockchain infrastructure, creating two complementary revenue streams. As of Dec. 31, 2025, Polymath had issued more than $132 million in tokenized assets for more than 65 active issuers, supported by more than 50 ecosystem partners. The companies are also developing tokenized equipment leasing and fractional franchise ownership programs targeted for the first quarter of 2027.
Following the acquisition, Polymath will operate as a wholly owned subsidiary while TruGolf continues its golf technology operations, including its simulators and E6 platform. Natalie Hirsch, formerly Polymath’s chief financial officer and interim CEO, has been appointed chief financial officer and chief operating officer of TruGolf, while David Hackett has joined its board of directors. In connection with the transaction, TruGolf also received approximately $2.95 million in net proceeds from the exercise of Series B preferred warrants.
To view the full press release, visit https://nnw.fm/dtE8g
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) announced the completion of its acquisition of Polymath Research Inc., a Canadian company specializing in institutional asset tokenization and developer of Polymesh, a Layer-1 blockchain designed for regulated assets. The transaction combines TruGolf’s established golf simulation and software business with Polymath’s blockchain infrastructure, creating two complementary revenue streams. As of Dec. 31, 2025, Polymath had issued more than $132 million in tokenized assets for more than 65 active issuers, supported by more than 50 ecosystem partners. The companies are also developing tokenized equipment leasing and fractional franchise ownership programs targeted for the first quarter of 2027.
Following the acquisition, Polymath will operate as a wholly owned subsidiary while TruGolf continues its golf technology operations, including its simulators and E6 platform. Natalie Hirsch, formerly Polymath’s chief financial officer and interim CEO, has been appointed chief financial officer and chief operating officer of TruGolf, while David Hackett has joined its board of directors. In connection with the transaction, TruGolf also received approximately $2.95 million in net proceeds from the exercise of Series B preferred warrants.
To view the full press release, visit https://nnw.fm/dtE8g
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
